Core Viewpoint - The article discusses the ample policy reserves of the central government and the establishment of a National Venture Capital Guiding Fund to support innovation and technology development in key areas [1][8]. Group 1: Central Government Policy Reserves - The Ministry of Finance has reserved sufficient policy tools and space to address potential uncertainties, including consumer subsidies such as childcare allowances, which could benefit approximately 15.5 million children, leading to an annual subsidy scale of around 150 billion [3]. - Another consumer subsidy involves expanding the "trade-in" program, which has a multiplier effect of approximately 2.2 times. The government has allocated 300 billion in special bonds for this program, which could significantly boost consumption in various sectors [4]. - Investment-driven policies may include issuing special bonds for major projects, with the possibility of increasing bond issuance to support the construction of significant projects in response to rising uncertainties [5][6]. Group 2: National Venture Capital Guiding Fund - The National Development and Reform Commission announced the establishment of a National Venture Capital Guiding Fund, focusing on investment in cutting-edge fields such as artificial intelligence, quantum technology, future energy, and biomedicine [8][9]. - This fund aims to support seed and early-stage enterprises, similar to the DARPA model in the U.S., which has successfully driven technological breakthroughs through market-oriented funding and support mechanisms [9][10]. - The initiative is part of a broader strategy to leverage the advantages of a new type of national system to enhance key technology research and development [10].