A股投资策略点评报告：政策更加积极有为

Group 1 - The report emphasizes a more proactive macro policy, including an increase in fiscal policy strength with a deficit rate rising to 4% and a total new government debt scale of 11.86 trillion yuan for 2025, an increase of 2.9 trillion yuan from 2024 [5][7] - The report highlights the importance of stabilizing the real estate and stock markets, marking a shift in macroeconomic regulation to focus on asset prices, with specific measures outlined for both markets [5][6] - The report identifies key areas for investment opportunities, including domestic demand expansion, new production capabilities, capital market reforms, and green development initiatives [6][7] Group 2 - The report sets a GDP growth target of around 5% for 2025, with urban employment expected to exceed 12 million and a consumer price index (CPI) target set at around 2% [7] - The report outlines a comprehensive approach to boosting consumption and investment, including specific actions to enhance consumer spending and effective investment in key projects [5][6] - The report introduces new concepts such as "embodied intelligence" and "6G," indicating a focus on future industries and technological advancements [6]