首艘！首座！首次！这五年，中国硬核科技大爆发

Core Insights - China's technology sector is experiencing a significant emergence driven by R&D investment, talent cultivation, and industrial policies [22] - Major technological achievements have led global investors to reassess China's technological competitiveness [2][3] - The A-share and Hong Kong stock markets have outperformed most global asset classes since 2025, primarily due to the robust performance of the technology sector [1] R&D Investment - From 2020 to 2024, China's total R&D expenditure increased by nearly 50% compared to the end of the 13th Five-Year Plan, reaching an intensity of 2.68%, surpassing the EU average and approaching OECD levels [24] - The number of effective invention patents in China grew by 1.12 times, with the number of patents granted in 2024 expected to exceed 10 million for the first time [20] Talent Development - China has the largest total human resources and R&D personnel globally, with over 5 million graduates in STEM fields annually [26] - A significant number of top AI talents worldwide are of Chinese descent, indicating a strong talent pool in advanced technology sectors [26] Policy Support - The "14th Five-Year Plan" elevates the goal of becoming a technology powerhouse to a "new type of national system," focusing on both basic research and the establishment of major innovation platforms [28] - The government is actively supporting emerging industries, including AI and brain-computer interfaces, to foster innovation [28] Technological Achievements - China has made remarkable advancements in various fields, including 5G technology, high-speed rail, and autonomous vehicles, which have transformed both domestic and international landscapes [5][11] - Significant projects such as the C919 commercial aircraft, the Tiangong space station, and the Chang'e 6 lunar mission highlight China's growing capabilities in aerospace and other high-tech industries [7][9] Future Prospects - Looking ahead to the 15th Five-Year Plan, there are expectations for continued advancements in AI applications, humanoid robots, manned lunar missions, and new energy alternatives [28] - The global technology competition landscape has shifted, with China transitioning from a follower to a competitor and leader in several key areas [22][30]