It does take time for policy adjustments, especially, you know, as it relates to interest rates, to impact economic demand.

政策调整确实需要时间，尤其是与利率相关的政策，才能影响经济需求。

We will continue to implement systematic tax cut policies, extend the duration of several temporary policies such as VAT relief for small-scale taxpayers, and adopt new policies on structural tax reductions to offset the impact of some policy adjustments.

继续执行制度性减税政策，延长小规模纳税人增值税优惠等部分阶段性政策执行期限，实施新的结构性减税举措，对冲部分政策调整带来的影响。