Group 1 - The continuous effectiveness of macro policies and financial support for the real economy has led to increased business activity and positive price changes in some industries, indicating a recovery in personal consumption and investment demand [2][7] - In September, the Consumer Price Index (CPI) and Producer Price Index (PPI) both showed a narrowing decline year-on-year, with the core CPI rising by 1% for the first time in 19 months [3][4] - The PPI decreased by 2.3% year-on-year in September, but the decline was 0.6 percentage points less than the previous month, indicating a stabilization in some industry prices due to improved supply-demand structures [5][6] Group 2 - The broad money supply (M2) and social financing scale maintained high growth rates in September, supporting a favorable monetary environment for economic recovery [2][7] - The M2 balance reached 335.38 trillion yuan, with an 8.4% year-on-year increase, reflecting the effectiveness of proactive fiscal policies and moderately loose monetary policies [7][8] - Experts suggest that the current economic challenge is not merely a lack of total demand but a structural imbalance, emphasizing the need for a shift in fiscal spending towards improving livelihoods and consumption [9]