策略定期报告：疗愈经济市场与人群需求跟踪

Group 1: Healing Economy Market Insights - The healing economy market in China is substantial, with an estimated total market size reaching 10 trillion RMB, encompassing various sectors such as culture, tourism, and hospitality [9][11]. - In 2023, over 830 million urban residents are estimated to require healing services, with 73.6% of urban residents experiencing sub-healthy psychological states [11][9]. - The attendance at healing expos has increased, indicating a growing acceptance and interest in healing services among users, with the second expo seeing a rise in visitors to 28,701 from 19,474 in the first expo [11][39]. Group 2: Pharmaceutical Sector Performance - The pharmaceutical index showed negative returns across all six sub-sectors, indicating a general underperformance in the market [1]. - The top-performing sub-sectors in the pharmaceutical industry included blood products (+0.37%) and medical devices (-0.08%), while medical consumables saw a decline of -1.04% [14]. - The government is enhancing support for pharmaceutical innovation, with a focus on high-quality development and regulatory reforms to boost the industry [15][18]. Group 3: Policy Support for Innovation - The Chinese government is actively promoting the development of innovative drugs and medical devices, with 113 new drugs approved during the "14th Five-Year Plan" period, leading to a market size of 100 billion RMB [18]. - Recent government meetings emphasized the need for a comprehensive policy framework to support the innovation of drugs and medical devices, including expedited approval processes and financial backing [15][28]. - There is a notable trend of mergers and acquisitions in the innovative drug sector, driven by supportive government policies aimed at industry consolidation [32].