智通财经5月16日电，国务院国资委全面深化改革领导小组5月15日召开2025年第一次全体会议，会议强 调，要高起点谋划好下一步深化国资国企改革工作，面向新时代新征程推进中国式现代化，适应高水平 社会主义经济体制要求，统筹好"放得活"和"管得住"，突出解决制约国有企业高质量发展的深层次体制 机制难题，构建与新质生产力更相适应的生产关系，推动国有资本和国有企业做强做优做大，增强核心 功能、提升核心竞争力，更好履行战略使命。 国资委：要高起点谋划好下一步深化国资国企改革工作 ...

Core Viewpoint - The upcoming National Two Sessions are expected to focus on "stabilizing growth" and emphasize macro policy support to boost domestic demand, with a particular focus on enhancing consumer spending [2][3]. Economic Policy Focus - UBS's chief economist Wang Tao predicts increased fiscal spending on consumption and households, including doubling the scale of trade-in subsidies, establishing childbirth and childcare subsidies, raising basic pension payments, and enhancing government support for basic social security [2]. - Nomura's chief economist Lu Ting highlights the government's potential focus on four areas: transfer payments to local governments, funding for large-scale equipment upgrades and trade-in programs, financial support for the real estate sector, and fiscal assistance for low-income families [3]. - The macroeconomic policy is expected to maintain a "moderately loose" stance, with measures to lower financing costs for enterprises and households, reduce reserve requirements and policy interest rates, and promote reasonable inflation rebound [2]. Industry Trends - The emergence of AI applications, particularly driven by DeepSeek, is expected to stimulate investment in emerging sectors like AI and cloud computing, with the AI core industry projected to exceed 17.3 trillion yuan by 2035, accounting for over 30% of the global market [3]. - The focus on innovation, technology, and modernization is evident in the frequency of related terms in government work reports, indicating a strong emphasis on sectors like AI, quality consumption, new urbanization, infrastructure expansion, and food security [3][4]. Consumption and Market Dynamics - The stock market's recovery has shown a certain wealth effect, and the real estate sector has performed slightly better than expected, indicating a potential shift in consumer sentiment and spending [2]. - The National Two Sessions are anticipated to maintain a GDP growth target of around 5%, with a strong emphasis on boosting consumption as a key priority [4].