政策层“剧透”下半年三大关键词，基建投资或将回升

Core Viewpoint - The Chinese government is accelerating the approval of new policy financial instruments and plans to expedite the issuance of government bonds, including ultra-long special treasury bonds and new special bonds, to stimulate economic growth in the second half of the year [1] Group 1: Policy Initiatives - The National Development and Reform Commission (NDRC) and other departments are focusing on practical measures to boost domestic demand and promote the integration of "two innovations" [1] - The introduction of new policy financial tools is aimed at capturing policy dividends, with several regions already holding related meetings [1] Group 2: Economic Outlook - Analysts suggest that infrastructure investment is expected to rebound in the second half of the year, supported by multiple factors, and will continue to play a stabilizing role in the economy [1] - Key themes for the second half include effectively releasing domestic demand potential, promoting the integration of innovations, and advancing capacity governance in key industries [1]