专访招商基金李湛：把握五大赛道机遇，拥抱中国式长期主义

Core Insights - The "15th Five-Year Plan" emphasizes high-quality development and marks a critical period for achieving socialist modernization, with a focus on strategic priorities and specific areas of action [2][5][6] Economic and Policy Focus - The plan continues to prioritize high-quality development while shifting from quantitative economic growth indicators to qualitative improvements and reasonable growth [5][6] - Key areas of policy focus include enhancing macroeconomic policy consistency, upgrading traditional industries, and improving social policies to invest in human capital [7][8] Industry Opportunities - Several sectors are expected to experience significant growth opportunities, including strategic and future industries such as renewable energy, aerospace, and quantum technology [8][9] - Traditional industries will undergo high-end, intelligent, and green upgrades, benefiting from technological innovation and industrial internet solutions [8][9] - The integration of modern services and the digital economy is highlighted, particularly in areas like digital trade and health care [8][9] Investment Strategies - Public funds are encouraged to embrace "Chinese-style long-termism" by aligning their investment strategies with the long-term perspectives outlined in the five-year plan [9][10] - The asset management industry is seen as a crucial player in funding allocation and value discovery, with a focus on supporting technological innovation and green transformation [10][11] Challenges and Considerations - The asset management sector faces challenges such as the need for "patient capital" and the complexities of valuing new technologies [11] - Investors are advised to be cautious of speculative bubbles and to focus on long-term growth opportunities while maintaining a balanced asset allocation [12][13]