Core Insights - The central economic work conference held on December 10-11 focused on summarizing 2025's economic work and analyzing the current economic situation, with a systematic deployment for 2026's economic work [1] Group 1: Key Focus Areas - The conference emphasized the need for internal and external coordination, highlighting the importance of strengthening internal capabilities to address external challenges and better coordinating domestic economic work with international trade struggles [2] - There is a strong focus on effectiveness, with macroeconomic policies maintaining a consistent tone with last year, including a commitment to necessary fiscal deficits, total debt scale, and expenditure, reflecting a determination to stabilize the economy and expectations [2] - The conference adopted a problem-oriented approach, addressing issues such as stabilizing investment, maintaining birth rates, and promoting a correct view of performance, indicating a commitment to problem-solving and the need for subsequent related policies [2] - Continuous exploration was highlighted, with a recognition of new insights gained through practice in economic work, echoing last year's emphasis on deepening understanding of economic patterns, showcasing a spirit of innovation and resilience [2] Group 2: Specific Policy Directions - The conference reiterated the "de-inventory" policy in real estate, marking a return to discussions from previous years aimed at addressing excess inventory, particularly in third and fourth-tier cities, with a new focus on encouraging the acquisition of existing properties for affordable housing [3]