国盛证券：力争“开门红”，还有哪些政策可期？

Core Viewpoint - Recent policies are focused on expanding domestic demand to achieve a "good start" for 2026, with six major focal points identified [1][2] Group 1: Major Policies - The UK Prime Minister's visit to China resulted in several positive outcomes, including visa exemptions and reduced import tariffs on whiskey [2][11][12] - Multiple measures to support service consumption were introduced, including a plan to issue subsidies for elderly care services and tax incentives for community service industries [2][21][26] - The Ministry of Finance announced a package of policies to promote domestic demand, including a 500 billion yuan special guarantee plan for private investment and interest subsidies for small and micro enterprises [2][27] - The China Securities Regulatory Commission (CSRC) revised regulations to attract "patient capital" by expanding the types of strategic investors and setting minimum shareholding requirements [2][19] - The local governments are entering the two sessions period, with an average GDP target of 5% across 22 regions, reflecting a slight decrease from the previous year [2][28] Group 2: Local Policies - Local two sessions are concluding, with 22 regions announcing their GDP targets, showing an average target of 5%, down 0.3 percentage points from last year [2][28] - Economic provinces have set varied GDP targets, with the highest being 5.5% for Hubei and the lowest being 4.5% for Guangdong [2][29] Group 3: Industry Policies - Various regions are optimizing housing fund and housing ticket management to stimulate housing demand, with initiatives like electronic housing tickets and increased loan limits [2][30][31] - The Ministry of Industry and Information Technology issued guidelines for the construction of zero-carbon factories, aiming to promote energy-saving and carbon reduction in key industries by 2027 [2][30]