Workflow
四中全会关注重点
Bank of China Securities·2025-10-23 13:24

Group 1 - The core viewpoint of the report emphasizes the importance of the "15th Five-Year Plan" in achieving the long-term goal of building a modern socialist country by 2035, focusing on economic stability and structural transformation [3][4][9] - The report anticipates that the "15th Five-Year Plan" will set an implicit GDP growth target of around 4.5%-5%, reflecting a commitment to maintaining economic growth despite challenges [10][12] - The report highlights the need for a balanced economic structure, emphasizing the role of consumption in driving growth and the importance of stabilizing prices to achieve the 2035 goals [11][12] Group 2 - The report outlines key areas of focus during the "15th Five-Year Plan," including the development of new productive forces, regional coordination, and deepening reform and opening-up [4][6] - It discusses the significance of enhancing service consumption as a new engine for economic growth, with a particular emphasis on improving the quality of services and expanding supply [52][55] - The report indicates that employment stability and income growth will be prioritized, with strategies aimed at reducing income disparities and supporting vulnerable groups [62][64]