软件与服务：我国将打造“韧性城市”，车路云建设有望加速

Investment Rating - The report maintains a "Positive" investment rating for the industry [5]. Core Insights - On December 5, the Central Committee of the Communist Party of China and the State Council issued the "Opinions on Promoting the Construction of New Urban Infrastructure to Build Resilient Cities," emphasizing the deep integration of 5G and vehicle networking, and the gradual promotion of advanced driving assistance and autonomous driving [5][6]. - The continuous policy support is expected to accelerate the construction of vehicle-road-cloud integration, benefiting the entire smart connected vehicle industry chain [6][7]. - Various cities are actively conducting pilot projects, with 20 cities identified for vehicle-road-cloud integration applications, including Beijing and Shanghai [6][7]. - New technologies such as 5G, cloud computing, and artificial intelligence are being applied in the construction of smart connected vehicle infrastructure, leading to innovative application scenarios [7]. Summary by Sections Policy Developments - A series of supportive policies have been introduced since 2024, including pilot projects for vehicle-road-cloud integration applications [5][6]. - The Ministry of Industry and Information Technology has announced pilot cities for smart connected vehicles, indicating a structured approach to infrastructure development [6]. Technological Integration - The integration of new technologies is fostering innovative applications in logistics and transportation, enhancing the efficiency of urban mobility [7]. - The vehicle-road-cloud integration is seen as a critical component in improving urban transportation and logistics, with expectations of significant cost reductions and quality improvements [7]. Market Opportunities - The report suggests focusing on the entire smart connected vehicle industry chain, particularly on infrastructure manufacturers involved in vehicle-road collaboration [5][7].