张斌：AI等高度市场化领域竞争力有望进一步释放

Core Insights - The conference highlighted the importance of both supply and demand capabilities in driving China's macroeconomic growth, with a focus on industrial upgrades and market expansion [1][2] - The automotive industry has shown significant progress, indicating a qualitative improvement in China's overall industrial capacity, with domestic brands gaining market share both locally and internationally [2] - The service sector has also demonstrated impressive growth, supported by advanced logistics and technology infrastructure, showcasing China's unique service innovation [2] Supply Capability - China's supply-side improvements are characterized by high market competition and openness, which drive innovation and resource allocation [2] - Key factors contributing to supply capability enhancement include market competition, openness to global resources and technology, large-scale market advantages, and robust infrastructure [2] - The manufacturing, high-end agriculture, and modern service sectors are highlighted as areas where China has developed competitive advantages that continue to strengthen [2] Demand Capability - There is significant untapped growth potential in sectors such as education, healthcare, entertainment, and public services, which could enhance consumption and industrial upgrades [2] - Since the implementation of the "926" policy, there have been positive changes in domestic demand, with macro policies showing increased responsiveness and effectiveness [3] - Future economic growth is expected to be supported by sustained macro policies, stable international relations, and competitive advantages in highly marketized sectors like AI and new energy [3] Economic Outlook - The overall economic outlook for 2026 is optimistic, driven by advancements in AI commercialization, international expansion of manufacturing, and effective macroeconomic policy adjustments [3] - The combination of various positive signals, including new project construction and technological breakthroughs in sectors like electric vehicles, is expected to enhance China's global market competitiveness [3]