重磅会议定调！外资机构：坚定看好

Core Viewpoint - The Central Economic Work Conference outlines proactive and forward-looking macroeconomic policies to create a positive policy environment for the "14th Five-Year Plan" [1] Group 1: Economic Policy Direction - The conference emphasizes "domestic demand as the main driver" and aims to build a strong domestic market, focusing on increasing urban and rural residents' income, addressing consumption barriers, stabilizing investment expectations, and rectifying "involution" competition [3] - The meeting's framework of "income increase - deregulation - quality improvement" targets the core issues of insufficient consumer capacity and willingness, aiming for sustainable consumption recovery [3][4] Group 2: Investment Opportunities - The conference's signals are viewed positively, likely to restore market expectations and optimize resource allocation, creating structural opportunities in the intersection of consumption upgrade, effective investment, and industrial upgrade [3][4] - The focus on hard technology innovation is seen as a key growth engine, linking consumption upgrade, effective investment, and "involution" [7][9] Group 3: Foreign Investment Perspective - The support for hard technology is expected to provide strong long-term investment targets for foreign capital, with China having structural advantages in R&D, talent, and data in this sector [8][9] - The proactive macro policies and emphasis on innovation-driven growth reflect a shift from short-term stability to long-term structural optimization, fostering a positive policy atmosphere for the "14th Five-Year Plan" [9]