Core Insights - The State-owned Assets Supervision and Administration Commission (SASAC) is focusing on exploring effective ways for investors to promote technological and industrial innovation, enhancing the "innovation resilience" of central enterprises [1][3] - Central enterprises are encouraged to accelerate the cultivation of new productive forces and shift from "sweat-type growth" driven by substantial input to "wisdom-type growth" driven by technological innovation [1][2] Group 1: Strategic Focus - SASAC emphasizes the importance of strategic orientation and long-termism, balancing traditional and emerging industries while expanding strategic emerging industries and future industries [1][3] - Central enterprises are urged to enhance their technological innovation capabilities and apply these innovations to specific industries and supply chains, transforming traditional industries and nurturing emerging ones [3][4] Group 2: Investment Trends - In 2022, central enterprises completed investments in strategic emerging industries totaling 2.7 trillion yuan, a year-on-year increase of 21.8%, with these investments accounting for over 40% of total investments for the first time [6][7] - In the first quarter of 2023, investments in strategic emerging industries by central enterprises grew by 6.6% year-on-year, with 79 future industry-related enterprises established [7] Group 3: Sectoral Development - Central enterprises are focusing on sectors such as artificial intelligence, quantum technology, and biomanufacturing, aiming to enhance their core competitiveness and development momentum [6][8] - SASAC is promoting a stable growth mechanism for investments in emerging industries, with a focus on high-quality investments that lead to high-value growth [5][7]
央企加快向“新”发力,努力开启增长“第二曲线”