新年更大力度稳投资促消费，央地政策密集落地

Economic Initiatives - Various regions are intensifying efforts to boost the economy, with Shanghai and Hubei holding conferences to optimize the business environment and promote technological innovation [1] - The National Development and Reform Commission (NDRC) emphasizes the need for timely policy implementation to stimulate consumption, investment, and green development [1] Consumer Spending Promotion - The "Buy in China" initiative and Spring Festival consumption season have been launched, focusing on product and service consumption [2] - The first batch of 625 billion yuan in national subsidies has been allocated to support consumer demand during the New Year and Spring Festival [3] Investment Expansion - Major projects are being initiated across various regions, with Shanghai's Yangpu District launching 50 key industrial projects with a total investment exceeding 20 billion yuan [4] - The NDRC has organized the early release of approximately 295 billion yuan for "two new" construction projects to accelerate funding and investment [4] Infrastructure Development - The NDRC has approved multiple significant infrastructure projects, including transportation and water resource projects, with total investments exceeding 400 billion yuan [5] - A more proactive fiscal policy is expected to accelerate infrastructure investment growth to around 5.0% in 2026, significantly higher than in 2025 [5]