Core Insights - Shenzhen aims to leverage its rich innovation resources and diverse industrial categories to optimize and upgrade traditional industries, targeting a total scale of over 700 billion yuan in three years [1][2] - The city plans to implement 12 policy measures, including the establishment of various investment funds to support mergers and acquisitions in traditional industries [1][3] Group 1: Traditional Industries - Shenzhen has a strong presence in traditional industries, with high-end women's clothing brands and the gold jewelry industry leading nationally [2] - The city is a major production base for mid-to-high-end eyewear, accounting for approximately 50% of global output [2] - There is a shift in perception regarding traditional industries, recognizing that they can also encompass high-end development [2] Group 2: Technological Integration - Shenzhen will implement an action plan to accelerate the development of artificial intelligence in traditional sectors such as home appliances and eyewear from 2025 to 2026 [2] - The city aims to support over 100 traditional enterprises in their digital transformation within three years [2][3] Group 3: Policy and Market Integration - The city plans to encourage the integration of traditional manufacturing with new-generation information technology and high-performance materials, aiming to create over 100 cross-industry fashionable products by 2027 [3] - Shenzhen's approach of combining policy guidance, market leadership, and technological empowerment may serve as a replicable model for traditional industry transformation across the country [3]

Core Viewpoint - Shenzhen aims to optimize and upgrade its traditional industries through 12 policy measures, targeting a total scale of over 700 billion yuan in three years [1][2]. Group 1: Policy Measures - The 12 policy measures include optimizing the industrial policy system to support enterprise growth [1]. - Strengthening fund empowerment to create a diversified investment strategy [1]. - Accelerating core technology breakthroughs to promote high-end development of traditional industries [1]. - Embracing artificial intelligence to cultivate new momentum in traditional industries [1]. - Utilizing various special funds to assist traditional enterprises in digital transformation [1]. - Implementing a "three products" strategy to create over 100 popular products [1]. - Enhancing promotion to strengthen the reputation of Shenzhen's traditional industries [1]. - Organizing high-end exhibitions and competitions to establish industry benchmarks [1]. - Actively building platforms to help enterprises expand their markets [1]. - Coordinating resources to provide "one-stop" services for enterprises [1]. - Optimizing industrial spatial layout to create industrial clusters [1]. - Improving talent recruitment systems to gather necessary human resources for industrial development [1]. Group 2: Digital Transformation Initiatives - Shenzhen's Industrial and Information Technology Bureau supports the establishment of digital promotion centers in key traditional industries [2]. - A digital transformation support plan has been set up, providing funding for enterprises to undergo digital upgrades and integrate AI technology [2]. - The funding covers up to 20% of the approved digital transformation costs, with a maximum of 5 million yuan per project [2]. - By 2027, Shenzhen aims to add over 10 Chinese consumer brands in traditional industries and create over 100 cross-industry fashionable products and national trend products [2]. - The goal is to facilitate digital transformation for over 100 traditional enterprises within three years, promoting widespread adoption of cloud computing and data intelligence [2]. Group 3: Industry Highlights - Shenzhen ranks first in the country for industrial output value in the gold and jewelry sector, with high-end women's clothing brands leading nationally [2]. - The mid-to-high-end eyewear production accounts for approximately 50% of the global market [2]. - Shenzhen is home to seven of China's top ten watch companies [2].