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把人民至上作为推进共同富裕的根本遵循
Huan Qiu Shi Bao· 2025-10-31 04:24
中国式现代化,民生为大 便利。个人医疗数据的确权与跨医院、跨地区数据共享将成为健康中国战略的核心改革内容之一。此 外,健全医疗、医保、医药协同发展和治理机制,推进分级诊疗、慢病管理和公共卫生体系建设,以及 健康养老事业发展,也将成为重要建设任务。 以县域为基本单元稳步推进基本公共服务均等化。共同富裕面临的重要挑战之一是公共服务的区域与城 乡差距。加强区域和县域间基本公共服务供给水平的动态监测,完善"监测—提供—评价"体系,有助于 实现基本公共服务均等化目标。针对特殊类型地区实施公共服务薄弱县提升工程,可在短期内缩小区域 差距。应优化中央财政支出结构,强化财力均衡性转移支付,加大对革命老区、牧区县、陆地边境县、 民族县等薄弱地区的资金倾斜,缩小其与全国平均水平的差距。推广基本公共服务"一张图""一网通 办"等数字化实践,推动公共服务流程再造和用户体验提升。 中国式现代化,民生为大。"十五五"规划建议提出,加大保障和改善民生力度,扎实推进全体人民共同 富裕。回望过去,"十三五"期间,坚持以人民为中心的发展思想,以消除绝对贫困为全面建成小康社会 的底线任务,举全国之力打赢脱贫攻坚战,创造了超大规模国家消除绝对贫困的 ...
负熵、牛市和趋势投资(策略哲思系列之一):股市中的正反馈机制
ZHESHANG SECURITIES· 2025-10-24 07:57
Core Insights - The report emphasizes the presence of positive feedback mechanisms in the stock market, including herd behavior, incremental capital inflows, and leverage trading as amplifiers of trends [1][2][3] - It suggests maintaining high confidence in the current systematic slow bull market while cautiously avoiding increased volatility in high-positioned sectors [6][4] Understanding Positive Feedback - Positive feedback is characterized as a "negative entropy" accumulation, explaining why prices can temporarily deviate from fundamentals, leading to accelerated trends in both bull and bear markets [2][4] - The mechanisms driving positive feedback include behavioral psychology, trading systems, buyer incentives, and the cyclical behavior of listed companies [3][4] Switching Between Strategies - Investors are encouraged to switch between trend-following and reversal strategies based on market conditions, which can help identify signals of market overheating or cooling [4][5] Investment Recommendations - The current A-share market is in a systematic slow bull phase, with expectations of continued incremental capital inflows and wealth effects [6][28] - It is advised to maintain a balanced style allocation while increasing the decision weight of mean-reversion factors [6][42] Sources of Positive Feedback Mechanisms - Herd behavior and incremental capital inflows are driven by fear of missing out and the anxiety of being left behind, leading to a self-reinforcing cycle in bull markets [28][29] - Leverage trading acts as a trend amplifier, where rising stock prices lead to increased borrowing and further price increases [37][38] Market Dynamics - The report highlights that in bull markets, positive feedback can lead to significant price increases, while in bear markets, it can result in accelerated declines [26][40] - The relationship between leverage and market trends is crucial, as high leverage can exacerbate price movements in both directions [42][43]