中国经济从复苏转为全面向好,“低基数过热”趋势渐渐明朗。由于宏观调控节奏快于预期,上行的空间受到压制。关注政策催化剂和相对估值优势导致的板块轮动。 China’s economy has shifted from recovery to all-round development. The trend toward “low base overheating” has become clearer. As the macro-control rhythm faster than expected, upward space was suppressed. Concerned about policy catalysts and the relative valuation advantages caused by plate rotation.