Core Viewpoint - The Ministry of Science and Technology emphasizes the need for high-level technological self-reliance and innovation to lead the development of new productive forces, outlining four key areas for deployment [1] Group 1: Key Areas of Deployment - Strengthening original innovation and tackling key core technology challenges [1] - Promoting deep integration of technological innovation and industrial innovation [1] - Advancing the development of education, technology, and talent in a coordinated manner [1] - Deepening the construction of a digital China [1]

Core Insights - The article emphasizes the importance of strengthening the top-level design and systematic deployment of artificial intelligence during the "14th Five-Year Plan" period, focusing on technological self-reliance and innovation [1][5]. Group 1: Technological Innovation and Development - The "14th Five-Year Plan" outlines four key areas for technological innovation: enhancing original innovation and tackling core technologies, promoting deep integration of technological and industrial innovation, advancing education and talent development, and furthering the construction of a digital China [2][3]. - The government aims to improve the national innovation system's overall efficiency and enhance independent innovation capabilities, seizing opportunities from the new round of technological revolution and industrial transformation [2][3]. Group 2: Key Areas of Focus - The first area focuses on strengthening original innovation and key core technology breakthroughs, particularly in integrated circuits, high-end equipment, and major national technology tasks [3]. - The second area emphasizes the integration of national strategic technological forces and enhancing systematic problem-solving capabilities, including supporting enterprises in leading innovation and increasing R&D tax deductions [3][4]. - The third area involves establishing a coordinated mechanism for education and talent development, aligning with national strategic needs to cultivate a skilled workforce [4]. - The fourth area aims to build a secure and open national data market, promoting the deep integration of the real economy and digital economy, with a focus on artificial intelligence and other digital technologies [4]. Group 3: Artificial Intelligence Development - The government is committed to fostering a favorable innovation ecosystem for artificial intelligence, with significant breakthroughs in foundational models and humanoid robots expected [4][5]. - By the end of 2024, the number of artificial intelligence companies is projected to exceed 4,500, indicating rapid growth in the industry and the formation of a collaborative innovation ecosystem [4]. - The "Artificial Intelligence+" initiative is being implemented to integrate AI into various sectors, including manufacturing, finance, and healthcare, serving as a new engine for economic growth [4][5].

Group 1 - The core viewpoint of the article highlights a collective rebound in the Hong Kong stock market, particularly in the technology sector, driven by significant capital inflows into the Hang Seng Technology ETF [1][2] - As of October 23, 2025, the Hang Seng Technology ETF has attracted a total of 2.321 billion yuan in capital since October 9, leading to a total share count exceeding 51 billion, marking a 55% increase year-to-date [1][2] - The recent Fourth Plenary Session of the 20th Central Committee of the Communist Party of China emphasized "high-level technological self-reliance," which is expected to provide positive momentum for the long-term development of the Hong Kong technology sector [1] Group 2 - The Hang Seng Technology Index, closely tracked by the Hang Seng Technology ETF, includes 30 strong R&D companies in the Hong Kong market across various tech sectors, with the top five constituents being Alibaba, SMIC, Tencent, NetEase, and Meituan as of October 23, 2025 [2] - The current price-to-earnings (P/E) ratio of the Hang Seng Technology Index is 22.99, which is considered attractive compared to major tech indices in A-shares and U.S. markets, with the STAR 50 Index at 175.72 and the Nasdaq at 42.60 [2] - The upcoming Federal Reserve meeting on October 28-29, 2025, is anticipated to influence foreign capital flows into the Hong Kong technology sector, which is sensitive to interest rate changes and currently has lower valuations [2] Group 3 - The Hang Seng Technology ETF is characterized by its large scale, superior liquidity, T+0 trading support, and low fees, making it an important tool for investors looking to allocate to core technology assets in Hong Kong [2] - The fund manager, Huatai-PB Fund, is one of the first ETF managers in China, with extensive experience in managing various successful ETFs, including the top A-share market ETF, the CSI 300 ETF [2][3] - Historical performance of the Hang Seng Technology ETF shows returns of -30.24%, -21.43%, -8.89%, 21.13%, and 16.37% for the years 2021 to 2025 (up to mid-year), indicating a recovery trend in recent years [3]

Group 1 - The Hong Kong stock market experienced a collective rebound, particularly in the technology sector, with the Hang Seng Technology Index showing significant activity [1] - The Hang Seng Technology ETF (513130) attracted a total of 2.321 billion yuan in October, leading to a total share count exceeding 51 billion, marking a 55% increase year-to-date [1] - Recent important meetings emphasized "high-level technological self-reliance," providing a clearer direction for the technology sector and injecting positive momentum for long-term development [1] Group 2 - The current price-to-earnings (P/E) ratio of the Hang Seng Technology Index is 22.99, which is lower than 70% of its historical levels, making it more attractive compared to major technology indices in A-shares and U.S. markets [2] - The upcoming Federal Reserve meeting on October 28-29, 2025, is expected to influence foreign capital inflows into the undervalued Hong Kong technology sector, potentially leading to a valuation increase [2] - Despite external uncertainties, the market is likely to return to an upward trend, supported by ongoing negotiations in trade disputes and potential agreements that could enhance investor confidence in Chinese assets [2] Group 3 - The Hang Seng Technology ETF (513130) offers advantages such as large scale, superior liquidity, T+0 support, and low fees, making it a key tool for investors looking to allocate to core Hong Kong technology assets [3] - The fund manager, Huatai-PB Fund, is one of the first ETF managers in China, with extensive experience and a strong track record in managing large-scale ETFs [3]

中共中央召开党外人士座谈会 习近平主持并发表重要讲话 李强王沪宁蔡奇丁薛祥出席 中共中央8月27日在中南海召开党外人士座谈会，就中共中央关于制定国民经济和社会发展第十五个五年规划 的建议听取各民主党派中央、全国工商联负责人和无党派人士代表的意见建议。中共中央总书记习近平主持座 谈会并发表重要讲话强调，谋划"十五五"时期经济社会发展，要锚定基本实现社会主义现代化目标，深刻把握 国际国内形势，扎实推动高水平科技自立自强，稳步推进共同富裕，动员全党全国各族人民为推进强国建设、 民族复兴伟业而团结奋斗。 中共中央政治局常委李强、王沪宁、蔡奇、丁薛祥出席座谈会。 座谈会上，民革中央主席郑建邦、民盟中央主席丁仲礼、民建中央主席郝明金、民进中央主席蔡达峰、农工党 中央主席何维、致公党中央主席蒋作君、九三学社中央主席武维华、台盟中央主席苏辉、全国工商联主席高云 龙、无党派人士代表郭雷先后发言。他们高度评价在以习近平同志为核心的中共中央坚强领导下我国"十四 五"时期经济社会发展取得的成就，赞同中共中央关于制定国民经济和社会发展第十五个五年规划的建议的考 虑，并就扩大内需、构建现代化产业体系、培育发展新质生产力、推进教育科技人才 ...

Core Viewpoint - The article discusses the Central Committee's meeting to gather opinions on the formulation of the 15th Five-Year Plan, emphasizing the importance of achieving socialist modernization and addressing both domestic and international challenges [1][2][3]. Group 1: Meeting Overview - The meeting was chaired by Xi Jinping and attended by key political figures, focusing on the development of the 15th Five-Year Plan [1][2]. - Various representatives from democratic parties and non-party individuals provided feedback on the achievements during the 14th Five-Year Plan and suggestions for the upcoming plan [2]. Group 2: Strategic Focus - Xi Jinping highlighted the need to align with the goals of socialist modernization, emphasizing strategic tasks and measures across various sectors [3]. - The importance of addressing key areas that affect high-quality development was stressed, including overcoming bottlenecks and enhancing strengths [3]. Group 3: Technological and Economic Development - High-level technological self-reliance is identified as a strategic support for high-quality development, with a focus on innovation and the development of a modern industrial system [4]. - The article underscores the necessity of improving living standards and ensuring common prosperity through targeted economic policies [4]. Group 4: Future Directions - Xi Jinping called for continued collaboration among democratic parties and business associations to provide targeted suggestions for economic and social development [4]. - The emphasis is placed on regional coordination, poverty alleviation, and meeting the public's needs in various sectors such as employment and healthcare [4].

Core Points - The meeting held by the Central Committee aimed to gather opinions on the 15th Five-Year Plan for national economic and social development, emphasizing the importance of achieving socialist modernization and addressing both domestic and international challenges [2][4] - Xi Jinping highlighted the need for high-level technological self-reliance and the promotion of common prosperity as key components of the upcoming plan [4][5] Group 1: Meeting Overview - The meeting was attended by various leaders from democratic parties and non-party representatives, who praised the achievements during the 14th Five-Year Plan and supported the Central Committee's proposals for the 15th Five-Year Plan [3][4] - Key topics discussed included expanding domestic demand, building a modern industrial system, and promoting coordinated regional development [3][4] Group 2: Strategic Focus - Xi Jinping emphasized the importance of identifying strategic tasks and measures for economic and social development, focusing on high-quality development and addressing key bottlenecks [4][5] - The plan aims to enhance domestic circulation and ensure the resilience and quality of development amidst global uncertainties [4][5] Group 3: Social Development Goals - The concept of Chinese-style modernization was framed as a path towards common prosperity, with a focus on improving people's livelihoods and regional economic balance [5] - Specific measures are to be taken to address public needs in employment, education, healthcare, and other social services [5]

Core Viewpoint - The Central Committee of the Communist Party of China is soliciting opinions on the formulation of the 15th Five-Year Plan for national economic and social development, emphasizing the need to achieve socialist modernization and promote high-level technological self-reliance and common prosperity [1][2][3]. Group 1: Economic Development Strategies - The 15th Five-Year Plan period is identified as a critical time for laying the foundation for socialist modernization and achieving comprehensive development [3]. - The plan will focus on key areas that affect high-quality development, aiming to consolidate advantages, eliminate bottlenecks, and strengthen weaknesses [3]. - There is a call for a coordinated approach to the overall layout and strategic tasks, enhancing synergy and comprehensive effects [3]. Group 2: Technological and Industrial Advancements - High-level technological self-reliance is highlighted as a strategic support for high-quality development, with an emphasis on advancing education, technology, and talent development [3]. - The plan aims to promote traditional industry transformation, develop emerging industries, and prepare for future industries to build a modern industrial system [3]. Group 3: Social Welfare and Common Prosperity - The concept of Chinese-style modernization is framed as socialist modernization that benefits all people, with a focus on improving living standards and meeting public needs in various sectors [4]. - There is an emphasis on optimizing regional economic layouts and promoting coordinated regional development, alongside efforts to consolidate poverty alleviation achievements and advance rural revitalization [4]. - The importance of actionable measures to address public demands in employment, education, social security, housing, healthcare, and elderly care is underscored [4]. Group 4: Engagement with Diverse Stakeholders - The Central Committee encourages democratic parties, the Federation of Industry and Commerce, and non-party individuals to leverage their connections with various social sectors to provide targeted suggestions for the 15th Five-Year Plan [4].

Core Points - The meeting held by the Central Committee aimed to gather opinions on the 15th Five-Year Plan for national economic and social development, emphasizing the importance of achieving socialist modernization and addressing both domestic and international challenges [1][2][3] Group 1: Economic Development Strategies - The 15th Five-Year Plan is seen as a critical period for laying the foundation for socialist modernization, with a focus on high-quality development and addressing key areas that affect growth [3] - The plan includes strategies for expanding domestic demand, building a modern industrial system, and enhancing innovation across various sectors [2][3] - Emphasis on the importance of high-level technological self-reliance as a strategic support for quality development, with a call for advancements in education, technology, and talent development [3] Group 2: Social Welfare and Regional Development - The concept of Chinese-style modernization is framed around the common prosperity of all people, with a commitment to improving living standards and addressing social needs [4] - The plan aims to optimize regional economic layouts and promote coordinated regional development, ensuring the continuation of poverty alleviation efforts and rural revitalization [4] - There is a call for actionable measures to meet public demands in areas such as employment, education, healthcare, and social security [4]

征求对中共中央关于制定国民经济和社会发展第十五个五年规划的建议的意见 中共中央召开党外人士座谈会 习近平主持并发表重要讲话 李强王沪宁蔡奇丁薛祥出席 习近平指出，中国式现代化是全体人民共同富裕的社会主义现代化。要把造福人民作为根本价值取向，坚持在 发展中保障和改善民生。要进一步优化区域经济布局、促进区域协调发展，巩固拓展脱贫攻坚成果、推进乡村 全面振兴。要采取更多可感可及的具体举措，着力满足人民群众在就业、教育、社保、住房、医疗、养老、托 幼等方面的需求。 习近平希望各民主党派、工商联和无党派人士发挥密切联系社会各界的优势，继续就"十五五"时期经济社会发 展相关问题进行深入思考和研究，及时向中共中央提出有针对性的意见建议，为推动经济社会高质量发展、基 本实现社会主义现代化贡献智慧和力量。 王毅、刘国中、李干杰、李书磊、李鸿忠、何立峰、张又侠、张国清、陈文清、吴政隆、谌贻琴、穆虹、姜信 治，中共中央、国务院有关部门负责人出席座谈会。 出席座谈会的党外人士还有邵鸿、何报翔、王光谦、秦博勇、朱永新、杨震和张恩迪、安立佳、张卫红等。 中共中央8月27日在中南海召开党外人士座谈会，就中共中央关于制定国民经济和社会发展第 ...