10月12日财政部新闻发布会点评：财政政策空间大，短期稳增长，长期优结构

Group 1: Fiscal Policy Measures - The Ministry of Finance announced a targeted package of incremental policies to address social concerns, reflecting the spirit of the September 26 Politburo meeting[1] - The central government has significant room for increasing debt, with a potential increase of around 10 trillion yuan to address local hidden debt issues[1] - Special government bonds will be issued to support state-owned banks in replenishing core tier one capital, enhancing the ability to support the real economy[1] Group 2: Real Estate Market Support - A combination of policies will be implemented to stabilize the real estate market, focusing on both demand and supply sides[1] - Special bonds will be allowed for land reserves and the acquisition of existing homes to alleviate liquidity pressures on local governments and real estate companies[1] - Tax policies will be optimized to provide substantial support for the real estate market, promoting stable and healthy development[1] Group 3: Economic Growth and Risk Management - The fiscal measures aim to enhance market confidence and stimulate economic growth in the short term while improving structural quality in the long term[1] - Emphasis on managing expectations effectively, with a clear message that fiscal policy can adequately support economic needs[1] - The government aims to complete the annual economic and social development goals set by the Politburo through these targeted fiscal measures[1]