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10月8日国新办新闻发布会点评:关注后续财政政策力度
Vanho Securities·2024-10-10 03:00

Policy Measures - The government emphasizes a "sustained and stronger" macro policy approach, focusing on fiscal, financial, consumption, investment, real estate, stock market, employment, and livelihood policies[1] - Key measures include promoting consumption and government investment, with a focus on increasing income for low- and middle-income groups[1] - Plans to expedite the issuance of local government special bonds and allocate 100 billion yuan for next year's major projects and central budget investments[1] Market Outlook - Since September 24, the market has seen a significant risk appetite reversal, with the Shanghai Composite Index rising over 25% from September 24 to October 8[2] - The stock market is expected to maintain high activity levels in the short term, but underlying economic fundamentals still require improvement[2] - Attention is needed on fiscal policy developments, particularly during the upcoming National People's Congress Standing Committee meeting in October, as it will be a critical time for observing fiscal incremental policies[2]