Multi-sector ＂Spoiler＂ Strategic Emerging Industry Layout Focus

　　"In-depth implementation of the national strategic emerging industrial cluster development project", "Building a number of world-class strategic emerging industrial clusters" and "Building a new generation of new growth engines such as information technology, artificial intelligence, biotechnology, new energy, new materials, high-end equipment and environmental protection" … … Recently, a number of departments have voiced their voices intensively, releasing the signal of increasing efforts to develop strategic emerging industries, and the relevant layout focuses have surfaced.

　　Insiders pointed out that the package of policy support will provide a good environment for the development of strategic emerging industries and related enterprises. The reporter was informed that many state-owned enterprises have put forward plans to accelerate their establishment in this field by means of fund investment, mergers and acquisitions.

　　The world’s first ultra-large capacity 16 MW offshore wind turbine was successfully hoisted, the world’s thinnest "hand-torn steel" was successfully rolled, and the C919 large passenger plane successfully completed its first commercial flight … … In recent years, China has made great efforts to build a modern industrial system, and strategic emerging industries have achieved rapid development.

　　According to the data of the Ministry of Industry and Information Technology, in 2022, the added value of China’s new generation of strategic emerging industries such as information technology, high-end equipment and new energy vehicles accounted for more than 13% of GDP.

　　At present, the development of China’s strategic emerging industries is at an important juncture to seize the commanding heights and leap to a higher level. How to break through in the next step? Recently, many departments have "spoiled" the key direction of related work on different occasions.

　　Zheng Shanjie, Party Secretary and Director of the National Development and Reform Commission, recently published a signed article in Qiushi, talking about "grasping the major task of accelerating the construction of a modern industrial system", and proposed "accelerating the research and development and application of cutting-edge technologies, promoting the development of strategic emerging industries, deepening the development project of national strategic emerging industrial clusters, and building a new generation of information technology, artificial intelligence, biotechnology, new energy, new materials, high-end equipment, and green environmental protection.

　　At the 2023 Global Digital Economy Conference held recently, China — At the ASEAN Emerging Industries Forum and other meetings, the relevant person in charge of the Ministry of Industry and Information Technology repeatedly mentioned strategic emerging industries, saying that it would accelerate the innovation and development of strategic emerging industries such as big data, artificial intelligence and intelligent networked vehicles.

　　On July 5th, the State-owned Assets Supervision and Administration Commission of the State Council held the first meeting of the Roundtable on Economic Operation of State-owned Enterprises, to study the working measures of improving quality, increasing efficiency and stabilizing growth of state-owned enterprises, and also stressed the need to vigorously develop strategic emerging industries. The deployment meeting of central enterprises to accelerate the development of strategic emerging industries held in May made it clear that new substantive breakthroughs should be made in four aspects: optimizing industrial layout, tackling key core technologies, forming a good industrial ecology and improving institutional mechanisms, and released a heavy signal that "a package of policies to support the development of strategic emerging industries of central enterprises will be actively studied and introduced".

　　"Strategic emerging industries represent the direction of a new round of scientific and technological revolution and industrial transformation, and are an important force guiding future economic and social development with great development potential. The development of strategic emerging industries cannot be rushed. Recently, many departments have put forward layout ideas and priorities, and related industries will receive greater support and provide a more favorable development environment for enterprises. " Zhu Changming, a partner of Sunshine Times Law Firm, said in an interview with the Economic Information Daily.

　　As a new force in China’s economic development, state-owned enterprises, especially central enterprises, are accelerating their layout in this field. According to the data provided by China Consulting Corporation, from 2018 to 2022, the investment scale of central enterprises in strategic emerging industries increased from 0.7 trillion yuan to 1.5 trillion yuan, accounting for 12.8% of the total investment, and the investment scale increased by 115.2%, with an average annual growth rate of 28%.

　　According to the goal put forward by the State-owned Assets Supervision and Administration Commission of the State Council, this year, the layout of new generation information technology, artificial intelligence, biotechnology, new energy and new materials will be strengthened, and the layout of high-end manufacturing industries such as aerospace, rail transit, marine engineering and intelligent equipment will be strengthened, so as to strive to reach 13% of the new investment in the manufacturing industry of central enterprises in 2023, and the proportion of strategic emerging industries will be increased by more than 2 percentage points. The data shows that in the first quarter of this year, the investment in strategic emerging industries of central enterprises exceeded 230 billion yuan, a year-on-year increase of over 30%, accounting for about a quarter of the total investment.

　　The development of strategic emerging industries is a systematic project, which must be based on the long-term, take the overall situation into consideration, and highlight the leading and supporting nature. The reporter noted that many state-owned central enterprises proposed to form a systematic layout in strategic emerging industries and accelerate the cultivation of "specialized and innovative" and "single champion" enterprises.

　　Taking China Minmetals Group Co., Ltd. as an example, its next step will be to accelerate the development of products such as tungsten, lithium, nickel, graphite, silicon and manganese into high value-added links; Focus on the advanced layout of new energy battery materials, strengthen the synergy between upstream and downstream, and build a closed-cycle industrial ecosystem; Take metal materials as the starting point of import substitution, increase the research and development of high-end hard materials and precision machining tools, accelerate the breakthrough of polysilicon and electronic-grade silicon-based precursors for integrated circuits and chips, and make new materials and new power growth points.

　　Strategic emerging industries should be based on strong scientific and technological innovation and technical reserves, and further efforts in tackling key core technologies are also the focus of the next step.

　　"By strengthening innovation, we have made up the shortcomings and achieved industrial mass production in the fields of new materials such as high-performance carbon fiber, glass fiber, lithium battery separator, power generation glass and flexible foldable glass." Zhou Yuxian, Party Secretary and Chairman of China Building Materials Group, said that enterprises will also focus on building a modern industrial system, giving full play to the functions of state-owned capital investment companies and continuously strengthening the layout of strategic emerging industries.

　　According to Hu Chi, a researcher at the Research Center of the State Council State-owned Assets Supervision and Administration Commission, the layout of strategic emerging industries by state-owned enterprises should be well combined. Apart from independent technology research and development and industrial upgrading, fund investment, mergers and acquisitions are also effective means to shape the leading edge, which has multiple advantages such as integrating high-quality resources, rapidly expanding scale and reducing market risks, and can also give full play to the main support and financing role, and guide other social capital to invest in strategic emerging industries.

　　For example, as a state-owned capital operation company, China Guoxin Holdings Co., Ltd. guides and drives all kinds of capital to concentrate in strategic and forward-looking fields through its Guoxin Fund. By the end of May 2023, Guoxin Fund had invested in more than 240 projects with an amount exceeding 120 billion yuan, and 19 projects had landed in science and technology innovation board.

　　Create a good industrial ecology of openness and cooperation, deepen cooperation with various ownership enterprises at home and abroad, and build a number of world-class strategic emerging industrial clusters — — SASAC put forward clear requirements for the next step.

　　"The layout of strategic emerging industries will help state-owned enterprises achieve transformation and upgrading, innovation and development, improve profitability, and raise the valuation level. It will also help drive China’s industrial system to accelerate its move to the high end of the industrial chain and value chain." Zhu Changming believes that the next step is to increase policy support, strengthen the support of scientific and technological innovation to the modern industrial system, explore more flexible and efficient market mechanisms, management systems and inclusive mechanisms, and further stimulate the innovation and creativity of enterprises.