The great river goes east, and it is reluctant to give up day and night. You and I, who are chasing the stars and catching the moon, once again stand at the intersection of the years, stopping for a moment, giving a deep look back at the passing time. In 2023, whether you look at the subtle and close, or you are in the long river of history, it is extraordinary. Out of the haze of the three-year new crown epidemic, the virus no longer blocks you and me, and life has become colorful again. The whole country has regrouped and sailed on the waterway of recovery. This year, thousands of industries have returned to daily life, and the fireworks in the world are the most soothing. The blazing charcoal fire rises from the Zibo barbecue stall, and tourists come and goThe celebrity concert venue was full, and "going to travel after listening to the song" became a consumer fashion;The folk village super and village BA events are out of the circle, and you can feel the super-burning on the spot through the screen. This year, new technologies have led the industry to accelerate change, and the future is roaring. The "100 model war" caused by ChatGPT has swept the world, and artificial intelligence has become the new favorite of capitalNew energy vehicles, lithium batteries, and photovoltaic products have become a new business card of Made in ChinaThe C919 successfully made its maiden voyage, and the domestic cruise ship was officially delivered, demonstrating the confidence of a great country. This year, the complicated situation also stirred the nerves of the market from time to time, disturbing the "temperature difference" between macro data and micro feelings. Looking overseas, the smoke of the Russia-Ukraine war has not been extinguished, a new round of Palestinian-Israeli conflict has broken out, the Red Sea trade route has been blocked, globalization has encountered headwinds, and the world economic recovery is weakLooking back at the country, unfavorable factors such as insufficient effective demand, overcapacity in some industries, and weak social expectations continue to test the resilience of the property market and the foreign exchange market. In the past year, each of us has carved our own annual rings in our own way. Some have gained love, and some have said goodbye to their loved ones;Some have stood on the cusp, and some have encountered adverse currents. Good times and adversity, ups and downs, such as people drinking water, cold and warm self-knowing. No matter what kind of taste lingers in your heart, at this moment of saying goodbye to the old and welcoming the new, you might as well put it down for a while, start a new model of the New Year with an empty cup mentality, step by step, to climb over the mountains in front of you, and cross the hurdles. We know very well that a seed cannot grow into a towering tree in an instant, and a touch of new green cannot spread into an endless spring mountain in an instant. To get out of the trough and go through the cycle, in addition to persistent efforts, you also need the patience to wait for the flowers to bloom. Patiently wait for the effect of the policy implementation, and do not judge success or failure by temporary gains and losses. From the issuance of the "31 Measures to Promote the Development of the Private Economy" to the issuance of an additional 1 trillion yuan of treasury bonds, to the implementation of a package of measures to activate the capital market, a series of policies to stabilize the economy have been released one after another, doing it now and benefiting the long-term. It's just that no matter how good the prescription is, it is difficult to achieve immediate results;No matter how good a measure is, it needs a process to see results. Please believe in the value of time and wait for the gradual release of policy dividends. Patiently promote the transformation and upgrading of the economic structure, and do not hesitate because of the pain of reform. At present, the domestic economy is in an important period of accelerating the transformation of old and new kinetic energy, and we are more soberly aware than ever that the traditional model of high dependence on real estate is unsustainable, and we must rely on scientific and technological innovation to accelerate the formation of new quality productivity and take the path of high-quality development. However, technological breakthroughs will take time, and industrial upgrading will not happen overnight. The conversion of old and new kinetic energy is like handing over the baton in a relay race, which is the most strenuous and especially needs to maintain concentration. Please believe in the power of transformation, anchoring innovation will make up for the shortcomings. Patiently stick to long-term investment and value investment, and never abandon or give up. In the past year, A-share investors have been somewhat disappointed. Take a long-term view, and opportunities may be just around the corner. China's economy is running steadily and the trend of continuous improvement has not changed, the consumer market of 1.4 billion people still has considerable potential, the medium and long-term capital has accelerated its entry into the market, the "patient capital" has continued to grow, and the goal of "financial power" has been steadily advanced, which is where our confidence and confidence lie. Please believe in the resilience of the market and be optimistic about the future of long China. At this moment, the afterglow of the old year is about to disappear into the dust, and the first sun of the new year is about to rise. No matter where you are, let's set off together, carry the bags of hope, roll up your sleeves, roll up your trouser legs, trek through mountains and rivers, and bask in the light. Let's wait for the next intersection and turn back, the string of footprints are all growth footnotes, and a seed will be full of trees and flowers. That is the scenery that time has given us, and it is also the answer that the years will eventually reveal!Editor-in-charge: Peng Bo Proofreader: Wang Jincheng.
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