In December, the Central Political Bureau meeting and the Central Economic Work meeting continuously emphasized "stabilizing the real estate market" and proposed to implement more proactive macro policies and a "moderately loose" MMF policy. This will inject more liquidity into the real estate market, aiding smooth economic running. Professor Dong Fan from the School of Government Management at Peking Normal University stated that the clear attitude at the central level will encourage local governments and related departments to set aside concerns and boldly take action to jointly promote market recovery.