从大省预算外，看地方能动性【宏观视界第14期】

Core Viewpoint - The document emphasizes that the research material is intended solely for professional investors associated with Huachuang Securities, highlighting the importance of appropriate investor suitability management [1][3]. Group 1 - The research team at Huachuang Securities is positioned to provide timely exchanges of viewpoints specifically for professional investors in the context of new media [3]. - The material is derived from previously published research reports by Huachuang Securities, and any discrepancies should refer back to the complete content of the original reports [4]. - The opinions and analyses presented may change without notice based on subsequent reports from Huachuang Securities, indicating a dynamic approach to investment research [4].