Core Viewpoint - The article emphasizes that Sanae Takaichi is a strong proponent of "Abenomics," advocating for monetary easing, yen depreciation, and fiscal expansion. If elected, the price fluctuations of various Japanese assets may align with the trends observed during the "Abenomics trade," although the magnitude of changes is expected to be weaker than in 2012-2013 due to significant transformations in Japan by 2025 [2]. Candidate Background - Sanae Takaichi, born on March 7, 1961, is a female politician from the Liberal Democratic Party (LDP) of Japan. She comes from a non-political family background and has a diverse educational and professional history, including studying at Kobe University and working in the U.S. Congress [3][4]. Political Career - Takaichi's political journey began in 1992, and she has held various significant positions, including Minister of Internal Affairs and Communications and Minister of Economic Security. She has been a prominent figure in the LDP and has supported Shinzo Abe in past elections [4][5]. Economic and Financial Policies - Takaichi's economic policies include: - **Tax Reduction**: Proposing to raise the income threshold for tax exemptions and implement cash subsidies for low-income families, reflecting a cross-party collaboration approach [7]. - **Monetary Policy**: She shows a clear preference for monetary easing, emphasizing the negative impacts of rapid interest rate hikes on corporate investment and housing loans [8]. - **Exchange Rate**: Takaichi appears to favor a weaker yen, arguing that yen depreciation benefits export industries and enhances foreign reserves [9]. - **Fiscal Policy**: Advocating for fiscal expansion and deficit financing, she emphasizes the importance of strategic investments to stimulate economic growth [10]. Market Outlook if Elected - If Takaichi is elected, the market may experience trends similar to those during the "Abenomics trade," including yen depreciation, rising Japanese stock prices, and a gradual increase in bond yields. However, the expected changes in magnitude are likely to be less pronounced than those seen in 2012-2013 [11].

4月中旬，国家统计局发布的数据显示，初步核算，一季度国内生产总值（GDP）318758亿元，按不变价格计 算，同比增长5.4%，增速高于去年全国5%的增速，也高于去年一季度5.3%的增速，在全球主要经济体中名列 前茅。 一、我国经济中"新质生产力"的贡献加大 一季度，各地方加大对创新的支持力度，尤其是人工智能、量子科技等一批先进技术不断推出和应用，带动 了高技术产业发展。一季度，规模以上高技术制造业增加值同比增长9.7%，占规模以上工业比重提升至 15.7%，信息传输、软件和信息技术服务业增加值增长10.3%，这些数据显示"新质生产力"正在成为推动中国 经济发展的"新引擎"。 图：高技术制造业对工业增加值贡献程度上升 （信息来源：国泰君安期货） 所谓新质生产力，简单来说就是"用科技和创新驱动的高质量生产力"。过去我们常说"中国制造"，现在更多 是"中国智造"——比如一季度新能源汽车产量增长超45%、工业机器人增长26%，这些产品不是靠传统流水线 堆人力的方式生产，而是依赖人工智能、大数据、新材料等新技术。 就像手机从按键机升级到智能机一样，整个生产体系在发生质变。这种变化不仅能提高效率，还能减少污 染，比如新 ...