责编：汪云鹏 邮箱：bwb@stcn.com 校对： 陶谦 记者从湖南省平江县有关部门获悉，21日下午，平江县大洲乡都塘村板桥片板口水电站附近发生一起人员 溺亡事件， 已造成4人死亡。 目前，当地仍在组织搜救另外2名疑似失联人员。 百万用户都在看 最新！国常会，重磅定调！提及楼市、股市 罕见，暴涨92.1%！ 突然宣布，即将涨价！ 关键时刻！英国，突传重磅！ 俄乌局势突变！特朗普，刚刚宣布！ 来源：新华社 违法和不良信息举报电话：0755-83514034 ...

3月5日，外交部发言人林剑主持例行记者会。有记者就巴拿马运河问题提问。 林剑表示，在巴拿马运河问题上，中方支持巴拿马对运河的主权，致力于维护运河作为永久中立的国际通行水 道地位，中方从未参与运河的管理运营，也不插手运河的事务。所谓"中国控制了运河"，完全是谎言。 校对：祝甜婷 百万用户都在看 5%！刚刚，李强发声！更大力度促进楼市股市健康发展 深夜，A股重磅！多家公司，并购重组！ 证监会，重磅发声！美乌，谈崩！事关民营企业，五部门召开座谈会！影响一周市场的十大消息 赚翻了！大涨超40%，市值破千亿！ 突然，集体拉升！重磅赛道，迎来多重利好！ 违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com 来源：央视新闻 责编： 刘珺宇 ...

Core Viewpoint - The current economic situation in China is characterized by a cyclical downturn coupled with structural issues, necessitating measures to avoid the multiplier effect of a declining real estate market and to improve the economic structure [2][28]. Economic Growth and Policy Expectations - The GDP growth target for 2025 is expected to remain around 5% [4][92]. - The policy multiplier effect in 2025 is anticipated to be better than in 2024, with expectations for new initiatives in fiscal reform, budget investment, monetary policy, high-quality development, and technological innovation during the upcoming Two Sessions [3][90]. Monetary Policy Outlook - In 2025, a reserve requirement ratio (RRR) cut of 1 percentage point and interest rate cuts totaling 0.75 percentage points are expected, likely implemented in 2-3 phases [5][78]. - The downward trend in interest rates is projected to positively impact the stability of the real estate and stock markets, contributing to a prosperous capital market in 2025 [5][80]. Structural Issues and Consumption - The global economy faces severe structural problems, including geopolitical conflicts and economic disparities, which also affect China's economic landscape [26][24]. - There is a need to enhance consumption and expand domestic demand, particularly as the wealth effect from real estate diminishes [29][30]. Real Estate Market Dynamics - The real estate sector is undergoing a mean reversion process, with a prolonged adjustment period expected due to previous overvaluation [52][54]. - The contribution of real estate to GDP was significant, accounting for 25% during its peak, and its decline will have widespread negative impacts on various industries [32][34]. Investment and Consumption Trends - Investment returns are declining, leading to a contraction in expansion plans among households and private enterprises [30][46]. - Consumption is identified as a slow variable, contrasting with investment as a fast variable, indicating a need for structural improvements to stimulate long-term demand [41][44]. Fiscal Policy Recommendations - There is a call for increased fiscal stimulus, particularly in consumer spending, with suggestions to raise the fiscal deficit level and leverage central government finances [66][67]. - The current central government leverage is relatively low compared to other countries, indicating room for fiscal expansion [70][71]. Capital Market Outlook - The capital market is expected to thrive in 2025, supported by robust policy measures and a stable GDP growth environment [93][88]. - The focus on income distribution reform could significantly enhance consumption, with potential contributions estimated at around 200 billion annually if middle and low-income groups see an increase in their income share [84][85].