China Securities Co.,Ltd. Research Reports point out that since September 24, in response to this year's rather weak economic performance, the central government has introduced a package of policies to stimulate demand recovery from multiple aspects. However, the actual macroeconomic Indicators are still in the process of gradual recovery, and the Banks Sector is in a context of "strong policy expectations and weak fundamental realities." Based on different performances of the future economy, the Banks Sector will have different investment main lines. If the economy can recover with the increase in policy support, the Banks Sector will return to stock picking based on fundamentals. If the policy effects are below expectations and the trend of economic recovery is not clear, the Banks Sector will revert to an investment logic centered on high dividends, supported by Other Concepts such as debt resolution.