Core Viewpoint - The article emphasizes the importance of technological innovation in leading the development of new quality productivity and building a modern industrial system in China, highlighting the rapid growth of strategic emerging industries under continuous policy support [2][11]. Group 1: Technological Innovation and New Quality Productivity - The Central Political Bureau meeting on December 9, 2024, reiterated the need for technological innovation to drive new quality productivity and modern industrial systems, reflecting the government's focus on enhancing China's technological capabilities [2]. - The 2024 government work report calls for accelerating the development of new quality productivity and emerging industries such as hydrogen energy, new materials, and innovative pharmaceuticals, aiming to create new growth engines [2]. Group 2: Low-altitude Economy - The low-altitude economy is described as a new emerging economic form, with recent policies indicating accelerated management and approval processes for low-altitude airspace, suggesting a solid foundation for the industry [3]. - The scale of China's low-altitude economy is projected to exceed 5 trillion yuan in 2023 and reach 2 trillion yuan by 2030, with key areas including infrastructure, aircraft manufacturing, operational services, and flight support [3]. Group 3: Commercial Aerospace - China's commercial aerospace sector is entering a phase of mass launches, with successful satellite launches marking significant progress in the establishment of the G60 Qianfan satellite constellation [4][5]. - The completion of the first commercial launch site in Hainan signifies a transition from initial development to large-scale satellite networking in China's commercial aerospace industry [5]. Group 4: Military New Materials - The demand for high-performance new materials is driven by the upgrading of military equipment, with increasing use of carbon fiber composites and stealth materials in aircraft and munitions [6]. - The aerospace engine sector is experiencing a shift towards ceramic matrix composites (CMC) due to the need for materials that can withstand higher temperatures and provide lightweight solutions [6]. Group 5: Special Robotics - The military application of special robots is advancing, with increasing deployment of ground robots in real combat scenarios, indicating a strong potential for industrialization in this sector [7]. - The introduction of various robotic models in military exercises suggests a growing market for military robots, with favorable prospects for both domestic and international trade [7]. Group 6: Marine Economy and Informationization - The government is prioritizing the development of the marine economy as part of its strategy to build a maritime power, with significant growth in offshore industries such as fisheries and renewable energy [8]. - The establishment of a marine observation network is crucial for supporting military applications and scientific research, although there is a notable gap in development compared to advanced countries [8].
航空航天|创新引领新质发展,政策支撑产业落地
中信证券研究·2024-12-11 00:15