细水长流行更远

Group 1 - The domestic capital market has experienced a rapid structural rise in the past six months, with companies benefiting from external demand showing particularly strong stock performance [1] - Despite a recent decline in manufacturing sentiment since April, primarily due to external environmental fluctuations and adjustments in the domestic real estate market, the long-term positive trend of the Chinese economy remains unchanged [1] - The "14th Five-Year Plan" emphasizes the importance of high-quality development, with goals including significant improvements in economic growth, productivity, and domestic consumption, highlighting the strategic importance of domestic demand [2] Group 2 - Recent international economic and trade cooperation has shown positive signals, including progress in US-China negotiations and a reduction in tariffs, which enhances market confidence [2] - The plan outlines a focus on improving self-reliance in technology and fostering emerging industries, with a particular emphasis on sectors such as new energy, new materials, and aerospace [3] - The investment strategy will focus on high-quality companies in sectors like semiconductors, military trade, and aerospace, aiming to identify investment targets with core competitiveness [3]