425重磅会议，释放哪些信号？

Group 1 - The recent April 25 meeting emphasized the urgency of addressing external trade issues, particularly the need to support foreign trade enterprises amid a long-term trade conflict with the U.S. [2][4] - The meeting highlighted ten economic development tasks for the year, with a focus on rescuing foreign trade companies, especially those with high technological content, to ensure their survival and future growth [2][5][9] - The first quarter economic growth reached 5.4%, driven by significant consumer spending and subsidies, but there are concerns about the sustainability of this growth as consumer subsidies decrease [5][7] Group 2 - The lack of a unified domestic market poses challenges for foreign trade goods returning to domestic sales, potentially impacting the domestic market due to channel and brand deficiencies [7][9] - The government is expected to provide support primarily to technologically advanced foreign trade enterprises, ensuring they have a market to survive until global economic conditions improve [9][10] - The meeting signaled a strategic shift towards stimulating domestic consumption as a key task, addressing consumer confidence and spending behavior [13][14][17] Group 3 - The ongoing trade war is seen as an escalation towards a financial conflict, with potential impacts on traditional assets like real estate and stocks, while service-oriented assets may see price increases [18][23] - The U.S. faces internal conflicts regarding its economic policies, particularly in balancing the interests of the government and financial institutions, which complicates its response to the trade war [21][23] - The meeting reflects a readiness for a prolonged struggle, emphasizing the importance of mutual benefits in trade rather than zero-sum games [25][26]