20cm速递丨科技战略进入“塑优势”阶段，科创板100ETF（588120）涨超1.2%

Group 1 - The core viewpoint of the articles indicates that the recent Fourth Plenary Session of the 20th Central Committee is favorable for the A-share technology sector, marking a shift towards a "strengthening advantages" phase in technology strategy, which supports long-term valuation [1] - The high-level proposal to "recreate a Chinese high-tech industry in the next 10 years" opens up further valuation enhancement opportunities for the technology sector [1] - In the manufacturing sector, the emphasis on maintaining a reasonable proportion of manufacturing and building a modern industrial system centered on advanced manufacturing suggests that "anti-involution" policies may become key measures for improving the quality of listed companies' profits [1] Group 2 - In the consumer sector, new expressions combining "investment in people" and "benefiting people's livelihood" are expected to lead to increased policy efforts during the 14th Five-Year Plan period, such as trade-in programs and childbirth subsidies, which may facilitate a recovery in the consumer sector [1] - The technology sector has shown a significant positive response to policy benefits, as evidenced by the performance of the Science and Technology Innovation Board 100 ETF (588120), which tracks the Science and Technology Innovation 100 Index (000698) [1] - The Science and Technology Innovation 100 Index, which includes 100 securities with larger market capitalization and better liquidity from the Science and Technology Innovation Board, covers multiple high-tech fields such as new generation information technology, biomedicine, and new materials, reflecting the overall performance of technology innovation enterprises [1]