From December 8 to 10, the Central Economic Work Conference was held in Beijing to set the tone for next year's macroeconomy. The meeting proposed to carry out infrastructure investment in a moderately advanced manner, can infrastructure construction support and hedge the downward pressure on the economy next year? How will "moderately advanced infrastructure" and "expand effective investment" be reflected next year? How will the proactive fiscal policy be strengthened next year? In this issue of "Chief Countermeasures", Luo Zhiheng, vice president of Guangdong Kai Securities Research Institute, was interviewed.