Core Viewpoint - The Central Economic Work Conference emphasizes the need to "promote qualitative effective improvement and reasonable quantitative growth" for the upcoming year, aiming for a good start to the "14th Five-Year Plan" [1] Economic Growth and Challenges - The conference highlights the importance of maintaining a reasonable GDP growth rate over the next decade to achieve the goal of reaching the per capita GDP level of moderately developed countries by 2035 [1] - Current economic challenges include longstanding issues, new challenges, and a deepening impact from external environmental changes, with a notable contradiction between strong supply and weak demand [1][2] Policy Measures - The conference outlines several key tasks for the upcoming year, including enhancing counter-cyclical and cross-cyclical adjustments, implementing a more proactive fiscal policy, and maintaining a moderately loose monetary policy [2] - It is estimated that a 1% increase in GDP can provide approximately 2 million jobs, emphasizing the urgency of improving economic growth capabilities to address insufficient demand [2] Domestic Demand and Consumption - "Domestic demand as the main driver" is identified as the top priority for economic work, focusing on strengthening domestic demand to ensure economic stability and security [3] - Specific measures to boost consumption include implementing special actions to stimulate consumption, formulating income increase plans for urban and rural residents, and promoting urban renewal [3] Innovation and Reform - Innovation is ranked second among the eight key tasks for the upcoming year, with a focus on driving new momentum through technological innovation [4] - The conference emphasizes the need for reform to stimulate economic potential, with a focus on overcoming development challenges through targeted reforms [5] Real Estate Market Stability - The conference places significant emphasis on stabilizing the real estate market, advocating for city-specific policies to control supply, reduce inventory, and improve supply quality [7] - The goal is to enhance market activity and address potential homebuyer demand, with expectations for continued policy support in the real estate sector [7]