宏观政策与产业风口跟踪：北京住房保障，盘活存量

Macro Policy and Industry Trends - The report highlights a focus on industrial intelligence upgrades, green transformation, consumption stimulation, and financial innovation to promote high-quality economic development [1][10] - Recent government policies include digital transformation in light industry, energy efficiency improvements in the aluminum industry, and the establishment of an artificial intelligence standard system, emphasizing technological empowerment and low-carbon transformation [1][10] - The capital market shows a mixed performance, with defensive sectors like pharmaceuticals and consumer goods gaining strength, while technology growth sectors face pressure [1][10] Domestic Macro Policy Tracking - The Hainan Free Trade Port held a global industry investment conference, resulting in 265 project signings with a total value of 233.6 billion yuan [8] - The Guangdong-Hong Kong-Macao Greater Bay Area reported a 4.7% increase in foreign trade in Q1, with exports of self-owned brand products rising by 12% [8] - The report notes ongoing international trade tensions, with China urging the U.S. to abandon extreme pressure tactics and resolve issues through dialogue [8] Domestic Industry Policy Tracking Financial Sector - A guideline was issued to promote and regulate cross-border data flow in the financial sector, aiming for efficient and compliant data movement [11] - The China Securities Investment Fund Association emphasized the importance of balancing functionality and profitability in the capital market [11][12] Ecological Environment - The Ministry of Ecology and Environment released opinions to strengthen environmental impact assessments for new pollutants in key industries [14] - New regulations were introduced to combat fraudulent practices in vehicle emissions testing [14] Real Estate - Beijing's housing security meeting outlined plans to focus on revitalizing existing stock and constructing 40,000 units of affordable rental housing by 2025 [15] - The National Bureau of Statistics reported signs of recovery in the real estate market, indicating a need for demand release [15] Electric Appliances - The State Administration for Market Regulation initiated a verification process for electrical product testing capabilities between China and South Korea [17] Tourism - The "Buy in China" campaign was launched to promote consumer spending and tourism in Hainan [18] Foreign Trade - The "Foreign Trade Quality Products" initiative was launched to enhance domestic sales of export products [19] Pharmaceutical Sector - The National Medical Insurance Administration reported that 24 provinces have implemented instant settlement for medical insurance, covering 246,700 medical institutions [20] Service Consumption - A conference emphasized the need to enhance service consumption quality and develop new consumption scenarios [21] Medical Services - A notification was issued to facilitate direct settlement for work-related injuries across provinces, aiming for comprehensive coverage by 2026 [22] Transportation - The Ministry of Industry and Information Technology approved frequency trials for the new generation railway mobile communication system (5G-R) [23] Artificial Intelligence - The report noted a positive trend in the digital industry, with a 8.2% increase in revenue from digital technologies like 5G and AI in the first two months [24] Asset Price Tracking - A-shares showed varied performance, with banks (+4.20%) and real estate (+3.47%) leading the gains, while defense and semiconductor sectors faced declines [26][27] Popular Concepts Tracking - The top-performing concepts included hydropower (+6.18%) and real estate themes, while sectors like animal health and rare earths saw significant declines [29][30]