United Nations Minsheng: Technological innovation, expanding domestic demand, and opening up to the outside world are the three major strategic breakthroughs during the "14th Five-Year Plan" period.

People’s Financial News, March 26 — Guolian Minsheng Securities’ research report states that technological innovation, expanding domestic demand, and opening up to the outside world are the three major strategic breakthroughs during the 14th Five-Year Plan period. First, during the 14th Five-Year Plan, “accelerating the achievement of high-level technological independence and self-reliance” is highlighted as a standalone goal, marking a shift in strategic positioning from supporting to leading innovation. Second, “significantly increasing residents’ consumption rate” is set as a core objective, with an emphasis on expanding consumption capacity, service consumption, and new forms of consumption. Third, there is a stronger focus on independent opening-up, with an emphasis on the service industry and the addition of the term “unilateral opening.” Guolian Minsheng Securities also states that, around a modern industrial system and new productive forces, the investment opportunities related to the industry themes during the 14th Five-Year Plan mainly involve five areas: machinery and equipment and materials, biomedicine, power and new energy equipment, TMT, and military industry.