The Politburo meeting of the CPC Central Committee held on December 8 proposed that a prudent monetary policy should be flexible, moderate, precise and effective. Experts say that this means that monetary policy will pay more attention to the precision and effectiveness of policy implementation while adhering to a prudent orientation. Judging from the current economic situation, there is both the possibility and necessity of monetary policy in a timely manner, and policy measures such as RRR and interest rate cuts may be implemented in a timely manner, while structural monetary policy tools are expected to continue to play a positive role.