从“十五五”规划建议稿看科技产业投资机遇

Core Viewpoint - The "14th Five-Year Plan" emphasizes the importance of technological self-reliance and innovation, highlighting six key investment areas for future growth in the economy [1][16]. Group 1: Semiconductor Manufacturing and Equipment - The demand for advanced semiconductor manufacturing processes (7nm and below) is expected to grow significantly, with current domestic capacity accounting for less than 2% of total wafer foundry capacity, indicating over five times potential for expansion [6]. - Domestic wafer manufacturers are making progress in equipment supply, yield improvement, and customer expansion, with a global market share of 10% and a current equipment localization rate of about 20%, suggesting a 3-5 times growth potential for domestic equipment [6]. Group 2: New Energy System Construction - The construction of a new energy system is a critical future direction, focusing on increasing the share of renewable energy and enhancing the resilience of the power system [8]. - The new energy storage market is expected to grow rapidly, with a target of 180GW+ installed capacity by 2027, leading to direct investments of approximately 250 billion yuan [8]. Group 3: Quantum Technology Development - Quantum computing offers significant advantages in specific applications, with the industry expected to see rapid growth by 2028-2030, particularly in quantum communication [10]. - China is prioritizing quantum technology in its future industrial layout, with leading companies already making strides in quantum communication [10]. Group 4: AI and Autonomous Control - The push for domestic hardware and software development is crucial, with significant improvements expected in foundational hardware and software capabilities during the "14th Five-Year Plan" period [11]. - The integration of AI across various sectors is anticipated to accelerate, with a goal of achieving over 70% application penetration by 2027 [11]. Group 5: Consumer Electronics and Domestic Demand Expansion - Consumer electronics, particularly those incorporating AI capabilities, are projected to become a significant investment focus in the next 2-3 years, with products like smartphones and AI glasses expected to see substantial demand growth [12][13]. - The market for AI-enabled consumer electronics is expected to expand, driven by innovations in product features and consumer engagement [12]. Group 6: AI and Cultural Content Creation - The integration of AI in creative industries is expected to enhance efficiency and lead to new product developments, with significant market opportunities for high-quality domestic content [14]. - The cultural sector is poised for growth, supported by government policies aimed at promoting cultural exports and the commercialization of AI-driven content [15].