In response to the requirements of the July Political Bureau meeting, various government departments introduced measures in September to relax property purchase restrictions, address local government debt issues, reduce stamp duty, and stimulate the capital market. On the economic front, economic data for August started to improve, with the PMI increasing for three consecutive months, reaching 50.2% in September. Consumption is also gradually recovering. It is expected that, with the combined effects of various stimulus policies, the economy will gradually emerge from the bottom.