1. Improve the capital market system. The A-share market will fully implement the stock issuance registration system and establish a normalized delisting mechanism, first of all, in the science and technology innovation board and the Growth Enterprise Market. With the implementation of the registration system, poor performance stocks and theme stocks will gradually be marginalized, and the core assets of A shares, such as leading companies in liquor, medicine and new energy industries, will continue to be sought after by the market.
2. Strengthen the construction of military industry. The Tenth Five-Year Plan clearly states that the modernization of weapons and equipment should be accelerated in the fields of national defense and military industry. Starting from this year, the procurement method of the military industry has also become centralized procurement. In other words, the relevant military enterprises can obtain long-term orders from the state, and the shortcomings of unstable orders and poor cash flow of military enterprises in the past have been solved at once, which is also the reason why the military industry has risen well during this period.
3. Domestic substitute chips. In 2025, the localization rate of existing chips will increase from the original 10% to 30%, and the domestic substitution of chips will accelerate and will no longer be "stuck" by western countries.
4. Realize scientific and technological innovation. Whether it is to meet the needs of domestic high-quality development or the intensified global competition in science and technology, we urgently need to rejuvenate the country through science and technology and give it support.
Reminder: investment is risky and needs to be cautious. The above contents do not constitute any substantive suggestions.