SWSC(SH:600369) Zhong Zheng Wang·2025-12-12 06:49Group 1 - The central economic work conference emphasized "expanding the supply of quality goods and services," aligning with the "14th Five-Year Plan" to stimulate consumer demand through supply-side measures [1] - In 2025, fixed asset investment in China decreased by 1.7% year-on-year from January to October, with expectations for stabilization in 2026 through increased central budget investments and activation of private investment [1] - The conference highlighted the establishment of an "international technology innovation center" and the development of a comprehensive plan for education and talent in technology, indicating a strategic shift from "investment in objects" to "investment in people" [1] Group 2 - New development opportunities are anticipated in sectors such as productive services, discretionary consumption, technology, and new materials [1]