The Research Reports on investment strategy believe that there is a high probability of a major upward trend in the A-shares over the next two years. Looking towards 2025, it is recommended to pay attention to the ten key policy areas. Firstly, fiscal policy is expected to be more proactive, suggesting to focus on three major directions; secondly, monetary policy will be moderately relaxed, but attention should be paid to the impact of two major external events on the rhythm of interest rate cuts; thirdly, in the Consumer sector, the replacement policy is expected to further expand in scale and support coverage, the entire Consumer sector is worth paying attention to; fourthly, in the investment sector, it is suggested to focus on equipment updates (especially updates of State-owned enterprise equipment) and the continuous efforts of "two heavy" investments; fifthly, in the low-altitude economy, it is suggested to pay attention to the implementation of application scenarios; sixthly, in vehicle-road-cloud integration, it is suggested to focus on the implementation of application scenarios; seventhly, comprehensive management of inward competition is expected to initiate a new round of supply-side reforms. Eighthly, regarding CNI Data Factor Index, it is suggested to focus on the implementation of public data applications; ninthly, in the area of autonomy and controllability, it is suggested to pay attention to Xinchuang, domestic computing power, Lithography, etc.; tenthly, in Capital Markets, it is recommended to focus on mergers and reorganizations of central and state-owned enterprises.