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Ignite the heat of consumption and promote industrial innovation and upgrading ... As a new economic form, the "first-round economy" has recently become the focus of hot discussion in the market. This central economic work conference is even more clear. Next year, we will focus on expanding the scope and implementing the "two new" policies, innovating diversified consumption scenarios, expanding service consumption, and promoting the development of cultural tourism. Actively develop the starting economy, the ice and snow economy and the silver-haired economy...... 2) The follow-up period will still be the window period for the policy to land, which will help boost investor confidence.According to CICC, in combination with the statement of the Economic Work Conference, the impact on A shares is positive, and the "year-end and year-end market" will continue despite twists and turns. China's economic growth and the pace of policy introduction have always been the core factors affecting the sentiment of A-share market. With the interest rate cuts by overseas Federal Reserve and domestic policies, investors' risk appetite in 2025 is expected to be better than that in 2024, and structural opportunities are expected to increase further. The follow-up period will still be the window period for the policy to land, which will help boost investor confidence.

..... 1) What is the starting economy? Why is it hot?Ⅳ) Industrial capital flow..... 2) The follow-up period will still be the window period for the policy to land, which will help boost investor confidence.

In terms of industry funds, as of the close, the net inflow of cultural media, games, railways and highways ranked high, of which the net inflow of cultural media was 3.423 billion.Ⅲ) Individual stock analysisIn terms of net outflow, the net outflow of software development, Internet services and commercial department stores ranked first, of which the net outflow of software development was 11.06 billion yuan.