Cultivating Future Industries to Seize Development High Ground

This year's "Government Work Report" proposed the establishment of a growth and risk-sharing mechanism for future industry investments, cultivating industries such as future energy and quantum technology. Future industries are forward-looking and disruptive, requiring a combination of government and market efforts to ensure an environment of innovation and competition. Through policy guidance and precise support, specialized and sophisticated enterprises will be nurtured, strengthening the market demand's pull on technological research and development. At the same time, a future industry fund will be established to ensure basic research and promote technology transformation and application