[Goldman Sachs July Politburo Meeting Preview: Strengthening Easing Tone, Focusing on High-Tech] According to a report by Jinse Finance, on July 20, Goldman Sachs released a report predicting that the Politburo meeting to be held in late July in China will set the macro policy stance for the second half of the year. Given the weak Q2 GDP, it is expected that the leadership will reinforce easing expectations and accelerate the implementation of planned demand-side measures, including an 800 billion RMB new policy financial instrument estimated to boost GDP by 0.5 percentage points. Meanwhile, against the backdrop of U.S.-China AI competition, policies will continue to maintain a strategic focus on high-tech development.