Morgan Stanley's Xing Ziqiang expresses confidence that 2026 will bring notable improvements in consumption and social welfare. As the new year of 2026 approaches, gratitude is extended to all readers for their enduring trust and companionship. Securities Times China and its associated app cordially invite financial institutions to jointly record New Year's greetings videos, reflecting on the remarkable journey and profound insights of 2025 while looking ahead to the new blueprint and boundless possibilities of 2026.