PS: Note that some banking sector analysts disagree with my view (that XJP will be inclined to remain "heavy" on pro-stability policy. On 8 December, the Financial Times published a report by Joe Leahy that cited the view of a Citibank analyst:

"Citi analysts said in a research note that the language from the Politburo showed a shift in its policy bias towards 'progress', which includes economic growth, after many years in which Beijing stressed 'stability'."

C.f.: Joe Leahy, Xi Jinping warns China’s economic recovery at ‘critical stage’, Financial Times, 8 December 2023, ft.com/content/d1101b45…

Predictable enough, given the source. But possibly true... ?