GuShiio.com The Third Session of the 14th National People’s Congress will be held in Beijing on March 5, 2025.
Financial Union, February 7 (Editor Zi Long),In early March, the market will have a major meeting. On December 25, 2024, the Standing Committee of the National People’s Congress voted to adopt the decision to convene the third session of the 14th National People’s Congress. According to the decision, the Third Session of the 14th National People’s Congress will be held in Beijing on March 5, 2025. The 14th National Committee of the Chinese People’s Political Consultative Conference held a chairman’s meeting and recommended that the third session of the 14th National Committee of the Chinese People’s Political Consultative Conference be held in Beijing on March 4, 2025.
Recently, local two sessions have been held intensively, and “boosting consumption” has become a high-frequency word in the provincial two sessions. Several major economic provinces have also announced the growth rate of total retail sales of consumer goods in 2025. Among them, Henan is about 6%, Jiangsu, Zhejiang, Guangdong, and Sichuan are about 5.5%, more than 5%, about 5%, and 5% respectively. In addition, the Central Economic Work Conference held in December 2024 put expanding domestic demand first when deploying key tasks for 2025, emphasizing “vigorously boosting consumption, improving investment efficiency, and expanding domestic demand in all aspects.”
A recent research report by China Galaxy Securities pointed out that in 2025, the two local governments will respond to the call of the central government and make boosting consumption the “number one task” of the year. There are five major growth trends in the consumer industry: China companies have outstanding international competitive advantages, bringing about a trend of globalization of consumer companies; weakening purchasing power leads to rational consumption, and decent purchase of high-quality and beautiful prices products; Changes in consumer groups lead to rapid growth of consumption related to emotional value; Domestic substitution in some consumer goods market segments; supply creates demand, and technological consumption innovation under the trend of AI+.
Regarding the target areas that can be focused on, we screened stocks in the major consumption-related sectors. No. 9 Company, Pelaiya, Lixun Precision, Sanhua Intelligent Control, Anke Innovation, Chuanyin Holdings, Stone Technology, Jinzi Food, Zhou Dasheng, and Jiangshan Oupai frequently received institutional surveys, and the number of institutional surveys in the past one year has exceeded 1000. In addition, Huaqin Technology, Huali Group, Weixing Shares, Qiaqia Food, Keboda and other stocks have also received key attention from institutions.
