国寿安保基金：中央经济工作会议延续积极定调 可关注八大方向

Core Viewpoint - The Central Economic Work Conference held on December 10-11 in Beijing maintains a positive tone regarding fiscal and monetary policies for 2024, emphasizing the need for a proactive fiscal policy and a moderately loose monetary policy [1][2] Fiscal Policy - The conference reiterates the need to maintain necessary fiscal deficits, total debt scale, and overall expenditure, while also calling for optimization of fiscal structure and long-term reforms [1] - New requirements include strengthening fiscal management, optimizing expenditure structure, and standardizing tax incentives [1] Monetary Policy - The monetary policy is directed towards promoting stable economic growth and reasonable price recovery, indicating a shift in focus from quantity-based indicators like social financing and credit to price-based indicators such as price levels [1] Eight Key Tasks - The conference outlines eight key tasks, including: 1. Domestic Demand: Emphasizing the expansion of quality goods and services supply to lead domestic demand [2] 2. Innovation: Highlighting the need to deepen and expand the development of "artificial intelligence+" to leverage China's large-scale market advantages [2] 3. Reform: Focusing on establishing a unified market as a key reform breakthrough [2] 4. Opening Up: Demonstrating China's commitment against unilateralism and protectionism [2] 5. Coordinated Development: Emphasizing policy coordination between urban and rural areas, as well as regional balance [2] 6. Dual Carbon Goals: Aligning economic development with ecological and environmental considerations [2] 7. People's Livelihood: Prioritizing employment, healthcare, and support for vulnerable groups, reflecting a people-centered development approach [2] 8. Risk Management: Highlighting potential risks in the real estate market and local government hidden debts, with a focus on stabilizing the real estate market and managing risks in key areas [2]