中国股票策略：供给侧改革 2.0_这次可能不同-China Equity Strategy_ Supply side reform 2.0_ This time may be different

17 July 2025 Equity Research Report China Equity Strategy Equity Strategy Supply side reform 2.0: This time may be different On 1 July, the Central Commission for Financial and Economic Affairs (CCFEA) called for efforts to deal with disorderly price competition and eliminate obsolete capacity. This followed the publication of a critical article in Qiushi magazine and a Ministry of Industry and Information Technology (MIIT) symposium on the solar industry. This has fuelled investor expectations for a new ro ...