The Monetary Policy Committee of the People's Bank of China held its fourth quarter regular meeting for 2024, accelerating the progress of loans for Technology innovation and technical transformation, and increasing financial support for large-scale equipment renewal and the replacement of consumer goods. Continuous efforts will be made to provide financial services to support the development of the private economy, fully utilizing the role of the coordination mechanism for financing small and micro enterprises, further addressing the financing bottlenecks for small and micro enterprises. Focus will be on ensuring the implementation and effectiveness of the financial policies already introduced, increasing efforts to revitalize existing commodity housing and stock land, promoting stability in the Real Estate market, and improving the foundational financial systems for the Real Estate sector to assist in constructing a new model for Real Estate development. Implement financial policies and measures to promote the healthy development of the platform economy. Actively promote high-level bilateral financial openness, enhancing economic and financial management capacity and risk prevention capabilities under open conditions.