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Xinhua News Agency commented that the central government has a large room for borrowing and deficit improvement. Looking forward to the closing year of the 14 th Five-Year Plan in 2025, the space for fiscal policy development has attracted much attention.Stock market performance and outlook:The market expects that the Central Economic Work Conference will be held in December, which may release more favorable policies and support the A-share market.

The market expects that the Central Economic Work Conference will be held in December, which may release more favorable policies and support the A-share market.The market expects that the Central Economic Work Conference will be held in December, which may release more favorable policies and support the A-share market.The activity of the stock market has recovered, both the Shanghai Composite Index and the Entrepreneurship Index are on the rise, and the market as a whole is in a state of bullish momentum.

Foreign exchange reserves and gold reserves:700 billion yuan of ultra-long-term special treasury bonds have all been allocated to "double" projects, and the implementation will be accelerated, which will have an impact on infrastructure construction and economic development.