[National Development and Reform Commission: Strengthen Coordination Between Fiscal and Monetary Policies to Amplify Policy Effects] Wang Renfei, Director of the General Office for System Reform at the National Development and Reform Commission, stated at a press conference held by the State Council Information Office on the 20th that in 2026, efforts will be made to enhance the synergy between reforms and fiscal and monetary policies. A more proactive fiscal policy and a moderately loose monetary policy will continue to be implemented. On one hand, reform measures will be used to smooth policy transmission mechanisms, improve policy execution efficiency, leverage the integrated effects of existing and new policies, and enhance the overall effectiveness of counter-cyclical and cross-cyclical adjustments. On the other hand, efforts will focus on the integration of fiscal and monetary policies. Through reform and innovation, the coordination and interaction between fiscal and monetary policies will be strengthened to amplify policy effects. (Cailian Press)