Especially in the first half of the year, influenced by macro-control, the value investment of the fund has been widely questioned by all parties in the market, and the idea of the fund has really turned to investing in the sustainable growth of consumer goods industry. In fact, it is difficult for cyclical varieties in mature markets to become big blue chips. For example, in the 1970s, American "Beautiful 50" stocks were mostly consumer goods, such as Sony, IBM and Xerox. Philip Moliis and Coca-Cola in food consumption category; Commercial Wal-Mart; Procter & Gamble in daily necessities consumption category; Entertainment Disney; GE is used for industrial consumption, etc. At present, China is in the transition period from investment promotion to industrial promotion to consumption promotion, and finally consumer goods may become stronger. From this perspective, the concept stocks with consumption upgrading are the most promising to produce China's' Beautiful 50'. The four types of stocks deserve to focus on the changes in the main force, and we should also change and follow the main idea to find new profit points. Combined with the recent disk, we believe that there are four major consumption upgrade concept stocks worthy of investors' attention. One of the concept stocks of consumption upgrading: electronic information unit. At present, China has become the world's largest production and sales base of consumer electronic and electrical products. The State Council Development Research Center predicts that in 2004, the total sales revenue of electronic component manufacturing industry will reach nearly 450 billion yuan, up by more than 50% year-on-year. Realized a total profit of 654.38+06 billion yuan, an increase of about 70% year-on-year; About 654.38+075 billion pieces of semiconductor integrated circuits were produced, up more than 45% year-on-year; 65 billion electronic components were produced, a year-on-year increase of about 25%. According to the statistics of iSuppli, a market research organization, the semiconductor market in China will be three times the current market size in the next four years, that is, the market size will reach 80 billion US dollars in 2007. Judging from the development in the next three years, with the gradual popularization and development of IT, communication and automobiles in China, the growth rate will reach 20% in 2005. You can focus on Yi Sheng Science and Technology (600 183[ Quotes-Information]) and Shanghai Belling (600 17 1[ Quotes-Information]). Consumption upgrade concept stock 2: real estate stocks. As the main force of consumption upgrading, real estate stocks will have strong growth, and the fund has realized this at present. In the portfolio report of the first half of 2004, it can be found that some funds have increased their holdings of real estate stocks, such as Vanke A and China Merchants, Huaxia and Yifangda. Under the concept of resource premium, the investment value of a group of real estate companies with rich land reserves will be highlighted. Therefore, if you have confidence in listed real estate enterprises with brand advantages, rich land reserves and developed economies in China, you can focus on Vanke (000002[ quotation-information]) and China Merchants (000024[ quotation-information]). The third concept stock of consumption upgrading: financial stocks. Recently, the whole financial industry has been enjoying good news. On the one hand, the share reform of several major state-owned commercial banks is progressing steadily, and foreign investment in Bank of Communications has brought opportunities for the entire banking reform. Issuing subordinated debt and convertible bonds to enrich capital has also become an important part of the current banking reform. Similarly, with the continuous implementation of new measures of financial reform, the securities industry has become a market consciousness to reverse the downturn of the entire securities industry. On the other hand, judging from the monetary policy report of the central bank in the second quarter, the macro-control has achieved initial results, the credit has entered a controllable range, and the financial operation is stable, which will set the preferred tone for the recovery of the entire financial industry. In the short term, the game of market main funds around interest rate increase is still the main reason for financial stocks to go well in the short term, which is undoubtedly beneficial to financial stocks. The fourth concept stock of consumption upgrading: aviation stocks. From the perspective of consumption upgrading, air passenger transport, as an increasingly popular mode of transportation, is coming down from the pyramid of' high consumption' and becoming the public's choice. At the same time, people's income has also increased significantly, and more and more convenient and efficient airlines will be used for visiting relatives, traveling and other long-distance activities. Canceling the civil aviation infrastructure fund and opening fuel oil futures will help airlines achieve cost control. It is estimated that the passenger and cargo turnover of the civil aviation industry will increase by more than 30% this year, and the overall operating conditions of the existing aviation listed companies will double in four years.