In a decisive response to rising economic challenges, China's Politburo has pledged significant fiscal support and policy adjustments to boost domestic growth and stabilize the housing market. Key measures include 'necessary spending' to meet economic targets, forceful interest rate cuts, and a commitment to address public concerns regarding the real estate sector. Xi Jinping chaired a leadership meeting focusing on these issues, as officials recognized new challenges facing the world's second-largest economy. The announcement has led to a surge in Chinese stocks, with property shares experiencing particular gains, reflecting renewed investor confidence. The government's proactive stance aims to alleviate fears of a continued economic slowdown and strengthen counter-cyclical adjustments to ensure sustained growth.