Workflow
战略主动性
icon
Search documents
民生证券首席经济学家陶川:聚焦“十五五”,谋划新局面
Jing Ji Guan Cha Wang· 2025-08-01 07:57
Group 1 - The core focus of the Politburo meeting in July was the connection to the "14th Five-Year Plan," with macro policies emphasizing stability [1] - The meeting highlighted three policy lines: the connection to the "14th Five-Year Plan," continuation of "anti-involution" policies, and reserve of incremental policies [1] - Technology is identified as the main focus for both short-term breakthroughs and long-term strategies within the "14th Five-Year Plan" [1] Group 2 - The current strategic thinking has evolved significantly compared to five years ago, with a deeper understanding of risks and challenges [1] - The emphasis has shifted from "seeking benefits and avoiding harm" to "taking proactive measures," reflecting a determination to gain strategic initiative in a complex international environment [1] - The support for small and micro enterprises by financial institutions has increased, contributing to a narrowing gap in the global innovation index between China and the U.S. [2] Group 3 - The importance of technological innovation remains unchanged in the upcoming five-year planning period, as evidenced by the focus on technology in the preparatory work for the "14th Five-Year Plan" [2] - The trend in higher education shows an increase in enrollment for science-related majors while traditional liberal arts programs are declining [2] - The overarching trend of supporting technological development and enhancing the resilience of domestic industrial chains is expected to continue despite increasing external risks [2]