Xin Lang Cai Jing·2026-01-11 01:45Group 1 - The 2026 China Chief Economist Forum Annual Meeting will be held in Shanghai on January 10-11, with the theme "Chess in the Middle Game: Building a Strong Nation" [1][4] - Yin Jianfeng, Chief Economist of Zheshang Bank, expressed a less pessimistic outlook for the real estate market in 2026, particularly in first-tier and core second-tier cities [3][6] - In the top ten cities, the number of housing transactions in first-tier cities has stabilized since last year, with sales dropping from 320,000 units two years ago to only 260,000 units now, indicating a reduction in inventory [3][6] Group 2 - The stock market outlook is also not as bleak, as historical trends show that every Year of the Horse has been a stabilizing year since the reform and opening up [3][6] - Traditional industries are gradually recovering from various shocks, while cyclical industries may enter a new cycle, and strategic emerging industries are transitioning from infancy to strength, with new momentum capable of driving old momentum [3][6]