【环球时报特约记者 甄翔】"与美国数十年日益紧密的经济联系进程已告终结，我国许多基于对美紧密 联系的传统优势已转变为弱点。"加拿大总理卡尼当地时间22日晚间发表电视讲话，表示计划到2035年 将对非美国市场的出口额提高1倍，以期实现3000亿加元（1加元约合5.1元人民币）的额外贸易净收 益。据美联社23日报道，加拿大超过75%的出口流向美国，而后者的关税政策正持续给加拿大造成损 失，尤其是在铝、钢、汽车和木材行业。 路透社23日报道称，总理发表晚间演说在加拿大非常罕见。卡尼在讲话中直言，美国已根本性改变其贸 易方针，加拿大必须自力更生，因为无法再依赖单一外国伙伴。美联社报道称，加拿大是美国36个州的 首要出口目的地。每日有价值约36亿加元的商品与服务跨境流通。然而，自今年8月起，许多品类的加 拿大商品在出口美国时被加征高达35%的关税。美国总统特朗普还多次扬言要"吞并"加拿大，将其变为 美国第51个州。在此背景下，许多加拿大人对外贸长期依赖美国深感忧虑，改变这种局面的呼声日益高 涨。 卡尼在讲话中还提到，美国的关税政策正导致加拿大投资遇冷。加拿大智库豪维学会上月发布报告称， 受出口和投资下降影响，今年第二季 ...

Core Insights - The report highlights a significant shift in macro policy focus from traditional investment-driven strategies to a deeper "expanding domestic demand" approach, addressing core issues of consumption stimulation and resident income expectations [2][18] - A new round of supply-side reform, characterized by "anti-involution," aims to create a more resilient and efficient industrial ecosystem, guiding resources towards high value-added and innovative sectors [2][18] Weekly Event Review - The A-share market continued its upward trend, with the Shanghai Composite Index stabilizing above 3500 points, showing a weekly increase of 1.09%, while the Shenzhen Component and ChiNext Index rose by 1.78% and 2.35% respectively [1][8] - The semiconductor sector benefited from the U.S. lifting restrictions on chip design software exports, while the consumer electronics chain faced pressure from U.S. tariffs on Brazil and five other countries [1][8] - The financial sector showed strong performance driven by market expectations of policy changes, with increased attention on the banking sector [1][8] Sector Recommendations - **White Goods & Smart Home Appliances**: The report recommends focusing on this sector due to the expansion of the "trade-in" policy and increased green energy subsidies, which are expected to activate terminal demand. The alleviation of raw material cost pressures and the ongoing industry upgrade towards smart and AI-enabled products are also highlighted [3][19] - **Optical Modules**: The strategic value of optical modules is emphasized, particularly in light of TSMC's strong Q2 results confirming robust AI computing demand. The sector is positioned for growth with the acceleration of 800G product deployment and advancements in 1.6T technology [5][20]