中央财办有关负责同志：投资和消费增速明年有望恢复，我国经济发展前景是十分光明的

Core Viewpoint - The article outlines the key points from the 2025 Central Economic Work Conference, emphasizing the continuation of a moderately loose monetary policy to stabilize economic growth and ensure reasonable price recovery [1] Group 1: Monetary Policy - The monetary policy will focus on promoting stable economic growth and reasonable price recovery, which is a new emphasis for this year's conference [1] - There will be a flexible and efficient use of various monetary policy tools, including reserve requirement ratio cuts and interest rate reductions, to match the growth of social financing and money supply with economic growth and price level expectations [1] - The policy toolbox will include short-term, medium-term, and long-term liquidity injection tools to ensure a comprehensive approach to monetary policy [1] Group 2: Support for Key Areas - There will be increased support for expanding domestic demand, technological innovation, and small and medium-sized enterprises as key focus areas [1] - Structural monetary policy tools will be utilized effectively to enhance the transmission mechanism of monetary policy and improve financial services for the real economy [1] - The contribution rate of domestic demand to economic growth reached 71% in the first three quarters of this year, indicating a stable domestic demand environment [1] Group 3: Economic Outlook - The article notes a recent slowdown in consumption and investment growth, highlighting the need for continued efforts to boost domestic demand [1] - The stability of the RMB exchange rate will be maintained at a reasonable and balanced level while balancing internal and external relationships [1]