向“改革”要红利——2026年宏观形势展望（申万宏观·赵伟团队）

Core Viewpoint - The article emphasizes the importance of reform in driving economic growth and highlights the macroeconomic outlook for 2026, suggesting that structural reforms will be crucial for sustainable development [2] Group 1: Economic Growth and Reforms - The article projects that China's GDP growth will stabilize around 5% in the coming years, driven by ongoing reforms and policy adjustments [2] - It discusses the potential for increased productivity and efficiency as a result of these reforms, which are expected to enhance the overall economic environment [2] - The analysis indicates that sectors such as technology and green energy will benefit significantly from reform initiatives, positioning them as key drivers of future growth [2] Group 2: Policy Implications - The article outlines the necessity for targeted fiscal and monetary policies to support the reform agenda, suggesting that these policies will be essential in mitigating economic volatility [2] - It highlights the role of government in facilitating reforms, particularly in areas such as state-owned enterprise restructuring and market liberalization [2] - The potential impact of international trade dynamics on domestic reforms is also discussed, emphasizing the need for adaptability in policy frameworks [2]