中央经济工作会议精神解读：内外统筹、注重质效、问题导向、持续摸索

Group 1: Economic Policy Insights - The Central Economic Work Conference emphasized a coordinated approach to internal and external economic challenges, highlighting the need to strengthen domestic capabilities to address external risks[1] - The macroeconomic policy maintains a consistent tone with previous years, focusing on necessary fiscal deficits, total debt scale, and expenditure, reflecting a commitment to stabilize the economy and expectations[2] - The conference adopted a problem-oriented approach, addressing issues such as stabilizing investment and new birth rates, indicating a strong resolve to tackle existing challenges[2] Group 2: Real Estate and Market Development - The report reiterates the need to "reduce inventory" in the real estate sector, a continuation of previous policies aimed at addressing excess inventory, particularly in third and fourth-tier cities[3] - Future policies are expected to include the establishment of a unified national market and energy development plans, indicating a strategic focus on long-term market stability[3] - Risks include potential geopolitical disruptions and the possibility that policy implementation may not meet expectations, which could affect market confidence[4]