国泰海通证券研究·2025-09-22 09:43Core Insights - The article emphasizes the importance of adapting to the new macroeconomic landscape shaped by global changes, focusing on a "new macro" framework developed over ten years of research [5]. Group 1: Research Framework - The "new macro" framework is a culmination of ten years of macroeconomic research, aiming to simplify complex economic phenomena into actionable insights [5]. - The report highlights the significance of understanding the interplay between major global powers and its implications for economic strategies [5]. Group 2: Value Proposition - The company advocates for a return to fundamental research, prioritizing depth and clarity in analysis to navigate the evolving economic environment [3]. - The focus is on creating value through insightful research that anticipates future trends and challenges [3].