Group 1: Economic Policy and Governance - The "15th Five-Year Plan" emphasizes "high-efficiency governance" and "economic layout adjustment," indicating a shift towards more focused and efficient resource allocation[10] - The trend of land finance decline and local financing standardization will lead to significant changes in policy style and investment direction, moving from broad-based to targeted approaches[9] - The government is expected to reduce universal support measures and instead implement more conditional and focused support for industries, with higher thresholds for subsidies[17] Group 2: Industry and Technology Focus - The focus on technology and industry support will become more precise, with a shift from production capacity to equipment and further towards research and talent development[18] - Government industrial funds are transitioning from local economic investment to sharing industry growth, reducing the emphasis on local GDP and physical work volume[19] - The "unified market" initiative aims to correct local government behaviors and reduce redundant construction, promoting a more efficient allocation of resources[20] Group 3: Social Welfare and Consumer Behavior - The plan includes significant investments in social welfare, particularly in education, healthcare, and pension systems, to enhance the quality of life for citizens[39][40] - There is a strong emphasis on improving consumer behavior and expanding service consumption, with policies aimed at enhancing consumer confidence and experience[41] - The government is expected to increase personal income tax deductions, particularly for childcare and education, to support families and stimulate consumption[40]