In 2023, the investment in strategic emerging industries of central enterprises and local state-owned enterprises will be 2.18 trillion yuan and 0.73 trillion yuan respectively, accounting for 35.2% and 17.1% of the total investment, respectively. State-owned central enterprises have accelerated key progress in increasing the proportion of revenue and added value of strategic emerging industries, and achieved strategic transformation in the layout and structure of central enterprises. Specific measures include: planning and promoting a number of major projects, selecting "100 projects" of strategic emerging industries, building a number of strategic emerging industrial clusters, implementing artificial intelligence AI+ special actions, and stepping up the formation of landmark achievements in key areas such as biology, new materials, and new energy vehicles; Accelerate the development of the industry with technological breakthroughs, accelerate the cultivation of start-up enterprises, leading enterprises, and unicorn enterprises, and form landmark products in the fields of brain-like intelligence, quantum information, deep earth and deep sea, and laser manufacturing.
01
Definition of strategic emerging industries and future industries
Strategic emerging industries are advanced industries that are based on major technological breakthroughs and major development needs, have a leading role in the overall and long-term development of the economy and society, and are knowledge- and technology-intensive, have low consumption of material resources, have great growth potential, and have good comprehensive benefits. It represents the direction of a new round of scientific and technological revolution and industrial transformation, and is a key area for cultivating and developing new momentum and gaining new competitive advantages in the future.
Since the 12th Five-Year Plan, the development of strategic emerging industries has been mentioned in three consecutive five-year plans. The "14th Five-Year Plan Proposal" points out that "the development of strategic emerging industries. Accelerate the expansion of a new generation of information technology, biotechnology, new energy, new materials, high-end equipment, new energy vehicles, green environmental protection, aerospace, marine equipment and other industries. In 2023, the classification catalogue of strategic emerging industries will be revised, adding two major industries, "aerospace" and "marine equipment", and canceling the "digital creativity" industry and adjusting it to "nine major industries".
The Classification Catalogue of Industrial Strategic Emerging Industries (2023) clarifies that strategic emerging industries are nine industries: new generation information technology, high-end equipment manufacturing, new materials, biological industry, new energy vehicles, new energy, energy conservation and environmental protection, aerospace and marine equipment.
Driven by cutting-edge technologies, the future industry is currently in the stage of gestation and germination or the early stage of industrialization, and is a forward-looking emerging industry with significant strategic, leading, disruptive and uncertain potential. Vigorously developing future industries is a strategic choice to lead scientific and technological progress, promote industrial upgrading, and cultivate new quality productivity.
Seven departments, including the Ministry of Industry and Information Technology, the Ministry of Science and Technology and the State-owned Assets Supervision and Administration Commission of the State Council, jointly issued the "Implementation Opinions on Promoting the Innovation and Development of Future Industries".
02
Selection and cultivation of strategic emerging industries and future industries
1. Policy mechanism for industrial cultivation
(1) Increase capital investment, provide financial subsidies and preferential tax policies to attract more investors and entrepreneurs.
(2) Establish and improve relevant laws and systems to protect the intellectual property rights of emerging industries, encourage technological innovation, and promote the healthy development of industries.
(3) Reduce the entry threshold for innovative enterprises and promote the innovation and entrepreneurship of entrepreneurs and entrepreneurs. Strengthen international cooperation, attract foreign investment, introduce foreign advanced technology and management experience, and promote the internationalization of emerging industries.
(4) Establish various innovation support mechanisms such as innovation vouchers, science and technology parks, and incubation to accelerate the development of emerging industries.
(5) Promote innovation in technology, management and business models in new industrial fields, as well as cultivate new growth points, and rapidly promote industrial transformation and innovation and upgrading through the formulation of new industry support policies, investment in innovation, and formulation of industry standards.
2. Cultivation method: industrial clusters
The accumulation of the correlation of various enterprises, technology subjects, and financial capital subjects in specific geographical locations.
Cluster type: professional cluster (terminal product);
functional clusters (R&D, incubation, etc.);
life-cycle clusters (unicorn parks);
Intra-industry clusters (traditional industry classifications)
Inter-Industry Clusters (Converged Clusters)
3. Cultivation pathways
Model 1: Specialized subsidiary, specializing in new business
When a new business within a central enterprise shows great potential, they will choose to set up a professional subsidiary to be responsible for the development of such business. For example, China Telecom Group has established a quantum information technology group, an artificial intelligence company and an unmanned technology company to promote the research and development and market application of these cutting-edge technologies. China Southern Power Grid Group has also adopted this model, through the establishment of energy storage joint-stock company, industrial investment group, etc., to be responsible for different new business layout and expansion. The advantage of this model is that the subsidiary can focus more on the development of new business, and at the same time, it also helps to extend and expand the main business.
Model 2: Strategic alliance, hand in hand
For the sake of common goals, a number of central enterprises will choose to jointly establish joint ventures to expand new businesses. This model of co-investment, risk sharing, and achievement sharing can not only make full use of and share resources, but also effectively reduce the technical risks and market risks of independent investment in R&D layout. For example, Sinopec has joined forces with PetroChina, SAIC and other enterprises to jointly invest in Shanghai Jieneng Zhidian New Energy Technology Co., Ltd. to jointly enter the field of new energy vehicle charging. The highlight of this model is that it can realize the complementarity of resources and technology, and promote the rapid development of the new industry.
Mode 3: Investment and equity participation, quietly penetrating
Central enterprises will also quietly infiltrate into the new industrial technology companies through investment and equity participation. This method can help central enterprises quickly grasp the layout foundation and industrial capacity of the new industrial chain, and prepare for possible large-scale entry in the future. China Mobile is a typical example, which has invested in a number of new technology companies such as Dahua and Venustech. Although the valuation of the new industry is relatively high, the central enterprises can effectively lay the foundation for the future layout in this way.
Mode 4: Adopt capital means to promote industrial layout
Central enterprises also make full use of capital means to develop new businesses by setting up industrial funds and building equity investment companies. For example, China Chengtong Holding Group Co., Ltd. has been entrusted with the management of China's state-owned enterprise restructuring fund, and has cooperated with a number of central and local state-owned enterprises to vigorously cultivate strategic emerging industries. The advantage of this model is that it can leverage more funds and resources to promote the layout and development of the new industry.
Source: Lisa Wendao