CITIC Securities: It is recommended to continue paying attention to investment opportunities in the healthcare industry driven by policies

CITIC Securities research report states that we believe the "Suggestions of the Central Committee of the Communist Party of China on Formulating the 15th Five-Year Plan for National Economic and Social Development" provides important guidance for the development of the healthcare industry in the next five years. The core of the policy revolves around "implementing a health-first development strategy and improving the policy system for health promotion." We have studied this suggestion and organized the key points, including: ① Improving the multi-level medical security system and promoting the development of commercial health insurance; simultaneously optimizing drug procurement, medical insurance payment, and the use of surplus funds policies to enhance the management efficiency of medical insurance funds. ② Implementing long-term care insurance, which we expect to be one of the key development goals of the National Healthcare Security Administration in the next phase. ③ Supporting the development of innovative drugs and medical devices. ④ Continuing to deepen the direction of medical reform, promoting hierarchical diagnosis and treatment, deepening the reform of public hospitals oriented towards public welfare, implementing the strong foundation project for medical and health services, and advancing the digitalization of national health. The policy reform in the healthcare industry has entered a period of intensification, and it is recommended to continue to pay attention to investment opportunities in the healthcare industry driven by policies