通信行业行业周报：经济会议强调科技创新，量子科技创新突破

Investment Rating - The report maintains a "Recommended" rating for the communication industry [6]. Core Insights - The communication sector index increased by 1.91% over the week, outperforming major indices such as the Shanghai Composite Index, which fell by 0.36% [2][26]. - Sub-sectors like data centers and Beidou navigation showed strong performance, with respective increases of 12.10% and 9.36% [2][37]. - The report highlights the importance of technological innovation and infrastructure development in the communication industry, particularly in the context of the central economic work conference emphasizing stable growth and technological advancement [3][28]. Summary by Sections Market Performance - The communication sector index rose by 1.91% during the week, while the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index saw declines of 0.36%, 0.73%, and 1.40% respectively [2][26]. - The proportion of stocks in the communication sector that increased, remained stable, and decreased was 55.73%, 2.29%, and 41.98% respectively [49]. Industry Events - Google announced a breakthrough with its new quantum computing chip "Willow," which significantly improves error correction and performance, paving the way for practical quantum computing applications [3][53]. - China Mobile Research Institute published a paper on the vision for 6G, aiming to unify global standards [3][27]. - China Unicom and Huawei established the first 5G-A vehicle networking innovation base in China, marking significant advancements in smart vehicle technology [3][27]. Investment Recommendations - The report suggests focusing on high-quality stocks in sub-sectors with improving market conditions, particularly in digital economy infrastructure and AI applications [4]. - Recommended stocks include Tianfu Communication (300394), Zhongji Xuchuang (300308), and Xinyi Technology (002281) among others in the digital economy infrastructure space [4]. - The report also highlights potential in quantum communication-related stocks such as Guodun Quantum [4]. Key Company Announcements - Huawei's telecom cloud solution received a "Leader" rating in GlobalData's NFVI report, showcasing its advanced capabilities in the telecom cloud infrastructure market [3][77]. - China Mobile International and ZTE signed a strategic cooperation agreement to explore overseas markets in ICT solutions and cloud computing [3][78]. - China Telecom's recent procurement results indicate a stable market with Huawei, ZTE, and H3C as the main suppliers for core router equipment [3][79].