一周综评与展望：中长期资金入市步伐坚定

Policy Initiatives - The government aims to increase annual insurance premiums invested in the stock market by 30%[2] - The plan includes enhancing the investment management capabilities of state-owned insurance companies through long-term performance assessments[2] - The implementation of a second batch of pilot projects for long-term stock investments by insurance funds is underway, with clear guidelines on scale and timeline[2] Economic Indicators - The Loan Prime Rate (LPR) remains unchanged at 3.1% for one-year loans and 3.6% for loans over five years, marking the third consecutive month without change[3] - The Bank of Japan raised its policy interest rate from approximately 0.25% to 0.5%, the highest level since October 2008, marking the third rate hike in less than a year[4] Geopolitical Context - The inauguration of President Trump on January 20, 2025, emphasizes prioritizing U.S. interests, but the implementation of his policies remains uncertain due to legislative and judicial constraints[3] - Potential risks include geopolitical tensions, disappointing economic data, and significant fluctuations in overseas markets[5]