二十届四中全会公报解读:自立自强,接续奋斗
HUAXI Securities·2025-10-23 15:24

Economic Development Goals - The "15th Five-Year Plan" aims for significant achievements in high-quality development and a substantial increase in the level of technological self-reliance and strength[2] - By 2035, the goal is to elevate China's economic, technological, defense, and comprehensive national strength significantly, with per capita GDP reaching the level of moderately developed countries[2] Development Environment - The "15th Five-Year Plan" period is characterized by increasing uncertainties, yet the long-term positive trend of the economy remains unchanged[3] - China's economic foundation is stable, with strong advantages and resilience, highlighting the benefits of the socialist system and a large-scale market[3] Importance of Technology - The significance of technology is emphasized, with a focus on accelerating high-level technological self-reliance to drive industrial innovation[4] - The plan aims to enhance the overall effectiveness of the national innovation system and strengthen independent innovation capabilities[4] Domestic Market Development - The plan stresses the construction of a strong domestic market to facilitate a smooth domestic circulation of the economy, especially in the context of increasing external market uncertainties[5] - It advocates for boosting consumption and effective investment to create a virtuous cycle within the economy[5] Key Tasks and Areas - Emphasis on building a modern industrial system with a focus on the real economy and advanced manufacturing as its backbone[7] - The plan includes optimizing regional economic layouts and promoting coordinated regional development[7] Social and Environmental Goals - The plan highlights the importance of improving people's livelihoods and advancing green transformation, including pollution prevention and the establishment of a new energy system[8]