The central economic work conference will be held in Peking from December 11 to 12. SWHY released research viewpoints stating that boosting Consumer once again becomes the primary task for the entire year of 2025 in this conference. The two new and two heavy focuses for 2024 are important points of effort for economic work. "Two new" refers to promoting a new round of large-scale equipment updates and replacing old consumer goods with new. "Two heavy" refers to implementing major national strategies and building safety capabilities in key areas. Follow-up attention will continue on fiscal policies targeting this area, including ultra-long special government bonds.