Group 1 - The important meeting signals a shift in fiscal policy from "increasing deficit and intensity" to "stabilizing deficit and focusing on implementation" [2] - Monetary policy now incorporates "economic growth" and "price recovery" as core KPIs, indicating a clear focus on stabilizing growth and promoting inflation [2] - The emphasis on optimizing internal demand structure highlights the importance of consumer potential and stabilizing investment [2] Group 2 - The meeting underscores the significance of domestic consumption as a primary driver of economic growth, with expectations for continued encouragement of consumption policies in 2026 [3] - Specific A-share ETFs related to internal demand include Food and Beverage ETF (515170.SH), Tourism ETF (562510.SH), Agricultural 50 ETF (516810.SH), and Consumer Electronics ETF (159732.SZ) [3] - The focus on "anti-involution" and state-owned enterprise reform is expected to be a policy priority in 2026 [2]
发展内需成为2026年经济工作第一条！关注内需低位反转机会
Mei Ri Jing Ji Xin Wen·2025-12-12 06:33