Group 1: Fiscal and Financial Policies - The State Council has deployed a package of fiscal and financial policies to promote domestic demand, focusing on enhancing consumer capacity and supporting private investment [1][2] - Policies include optimizing service industry loans, personal consumption loan interest subsidies, and establishing special guarantee plans for private investment [1][2] - The aim is to lower financing thresholds and costs for enterprises, particularly small and micro enterprises [1][2] Group 2: Housing Tax Policies - The Ministry of Finance, the State Taxation Administration, and the Ministry of Housing and Urban-Rural Development announced a tax refund policy for residents who sell and repurchase housing within one year [3][4] - From January 1, 2026, to December 31, 2027, taxpayers can receive a tax refund on the personal income tax paid on the sale of their previous home if they buy a new one in the same city [3][4] Group 3: Government Investment Fund Guidelines - The National Development and Reform Commission, the Ministry of Finance, the Ministry of Science and Technology, and the Ministry of Industry and Information Technology issued guidelines to strengthen the planning and direction of government investment funds [5][6] - Investment areas must align with national productivity layout and support key industries and technological upgrades [5][6] Group 4: New Energy Vehicle Industry Meeting - A meeting was held by the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the State Administration for Market Regulation to discuss the regulation of the new energy vehicle industry [7][8] - The focus is on promoting quality and fair competition while resisting disorderly price wars [7][8] Group 5: Monetary Policy Adjustments - The central bank announced a 25 basis point reduction in various structural monetary policy tool rates to support high-quality economic development [9][10] - New policies include increasing the loan quotas for agricultural support, small enterprises, and technological innovation, as well as lowering the minimum down payment ratio for commercial property loans to 30% [9][10] Group 6: Enterprise Annuity Policies - The Ministry of Human Resources and Social Security and the Ministry of Finance released opinions to encourage enterprises to establish annuity plans [11][12] - Employers can contribute up to 8% of the total wages of employees participating in the annuity plan, with a combined contribution limit of 12% [11][12]