政治局会议点评：存量政策加速落地、增量政策相机而动

Group 1 - The meeting emphasized the need to continue preventing and resolving risks in key areas, including local government debt and overdue payments to enterprises, while stabilizing and revitalizing the capital market [1][7][8] - The policy direction indicates a shift towards more proactive macroeconomic measures and the use of moderately easing monetary policies to address external uncertainties and provide liquidity to the market [2][8][9] - Specific measures to support foreign trade and domestic consumption were highlighted, including increasing unemployment insurance for affected enterprises and promoting service consumption to drive economic growth [9][10] Group 2 - The meeting's tone aligns with expectations of maintaining focus on existing policies rather than large-scale stimulus, with a readiness to adjust policies based on economic data [3][10][11] - The report suggests that the support for A-shares will gradually be withdrawn, with anticipated market volatility as the month ends and the May Day holiday approaches [11] - There is an increasing emphasis on artificial intelligence and technology sectors, indicating a potential shift in investment trends towards these areas [11]