政策周观察第66期：政策仍在等待期

Policy Updates - The central government has been in a "waiting period" for policy updates, with limited announcements in the past week[1] - On January 30, the China Securities Regulatory Commission (CSRC) emphasized the importance of high-quality implementation of the capital market's 14th Five-Year Plan, focusing on deepening reforms and enhancing regulatory adaptability[2] - The National Development and Reform Commission (NDRC) announced improvements to the capacity pricing mechanism for coal and gas power, with a target of recovering at least 50% of fixed costs through capacity pricing, equating to 165 yuan per kilowatt annually[12][13] Industry Focus - The Ministry of Industry and Information Technology (MIIT) highlighted the need to combat "involution" in the photovoltaic industry, advocating for measures such as capacity control and quality supervision to promote healthy competition[10] - The State-owned Assets Supervision and Administration Commission (SASAC) is focusing on strategic restructuring of state-owned enterprises, particularly in energy security and green development, to enhance competitiveness and reduce industry involution[9] Economic Outlook - The Prime Minister reiterated the commitment to anti-corruption efforts, emphasizing the need for a strong governance framework to support the goals of the 14th Five-Year Plan[6] - The central government is prioritizing the development of future industries with strategic foresight, aiming to enhance technological capabilities and promote innovation among leading enterprises[6]