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【Citic SEC'S Ming Ming: The First Proposal To 'Stabilize The Real Estate And Stock Markets' Makes Stabilizing The Stock Market One Of The Key Priorities For Economic Work Next Year.】Citic SEC'S Chief Economist Ming Ming Believes That The Politburo Meeting Released Multiple Important Signals. First, Macro Policies Are 'More Proactive And Effective,' Reintroducing 'Moderately Accommodative Monetary Policy' After Many Years, And Proposing For The First Time To 'Strengthen Extraordinary Counter-Cyclical Adjustments.' Second, It First Proposed 'Stabilizing The Real Estate And Stock Markets,' Prioritizing The Stabilization Of The Stock Market As One Of Next Year'S Economic Work Focuses. Third, It Placed 'Vigorously Boosting Consumption' In A More Prominent And Important Position. The Space For Monetary Easing Has Opened, With More Proactive Fiscal Policies Emphasizing Comprehensive Expansion Of Domestic Demand, And Extraordinary Counter-Cyclical Adjustment Policies Are Expected To Be Introduced. For The Stock Market, The Politburo Meeting Has Basically Set A Positive Tone For Next Year'S Policies, And Market Risk Preference Is Likely To Remain High, With A Clear Trend Of Economic Recovery. It Is Expected That Under The Dual Drive Of Policy Expectations And Economic Trends, The Stock Market Is Likely To Continue A Volatile Upward Trend. Government And Enterprise Investment Will Pay More Attention To Efficiency, And Debt Issues And Overcapacity Are Expected To Be Alleviated. Further Comprehensive Deepening Of Reforms Will Play A Guiding Role In Economic Institutional Reforms, Promoting The Effective Implementation Of Landmark Reform Measures

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South Korea Revised Q3 GDP +1.5% Year-On-Year Versus+1.5% Estimated Earlier -Central Bank

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