[National Two Sessions Policy Outlook Closed-Door Seminar: Recommendation to Implement a Substantial Overall Interest Rate Cut, At Least 50 Basis Points for the Year] According to Jintou citing 21st Century Business Herald, the 'National Two Sessions Policy Outlook Closed-Door Seminar,' hosted by Jiangxi University of Finance and Economics and the China New Economy Forum, was recently held at the Beijing Advanced Research Institute of Jiangxi University of Finance and Economics. The seminar was chaired by YIN Yanlin, a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), and attended by LI Chungen, Vice President of Jiangxi University of Finance and Economics, who delivered a speech. Experts at the seminar proposed the following recommendations: 1. This year's fiscal policy should play a greater role in adjustment, with the deficit ratio higher than or at least not lower than last year, increasing the issuance scale of government bonds and expanding the overall expenditure framework. 2. Current actual financing costs remain relatively high. To stimulate investment and consumption, a substantial overall interest rate cut should be implemented, with at least 50 basis points for the year, while better utilizing the space for reserve requirement ratio (RRR) cuts. 3. Strengthen coordination between fiscal and monetary policies, better leverage new financial policy tools, appropriately expand their scale, and achieve the leverage effect of driving investment. 4. To stabilize investment and boost consumption, it is necessary to quickly restore the foundational conditions for effective credit issuance and increase efforts to stabilize the real estate market.