Core Viewpoint - The Chinese economy achieved a stable growth of 5.3% in the first half of the year, despite facing complex external environments and increasing internal risks. The focus for the second half should be on institutional innovation and optimizing the "innovation rainforest" ecosystem to continuously release innovative momentum [2][4]. Group 1: Economic Performance - In the first half of 2025, the added value of high-tech manufacturing increased by 9.5% year-on-year, contributing 23.3% to the overall industrial growth [4][6]. - The total transaction value of technology contracts exceeded 3 trillion yuan, marking a year-on-year growth of 14.2% [4][7]. Group 2: R&D Investment - R&D expenditure reached 3.613 trillion yuan in 2024, with basic research funding at 249.7 billion yuan, reflecting a year-on-year increase of 10.5% [5][24]. - The central government's budget for scientific and technological expenditures is set to grow by 10% in 2025, with a significant focus on basic research [5][24]. Group 3: Industrial Growth - High-tech manufacturing outpaced overall industrial growth, with a year-on-year increase of 9.5%, significantly higher than the 6.4% growth of the overall industrial sector [6][25]. - The integration of artificial intelligence in manufacturing is reshaping production methods, with industrial robot production increasing by 35.6% and service robots by 25.5% in the first half of 2025 [6][25]. Group 4: Technology Transfer and Market Activity - The technology contract market is becoming increasingly active, with nearly 410,000 contracts registered in the first half of 2025, reflecting a growing trend in technology transfer and collaboration between enterprises, universities, and research institutions [7][26]. - The market's decisive role in resource allocation is becoming more pronounced, with innovation entities showing increased vitality [7][26]. Group 5: Policy and Financial Support - The government is implementing a series of policies to stimulate innovation, including large-scale R&D tax deductions and encouraging social capital investment in early-stage technology companies [9][10]. - By the end of June 2025, loans to technology-based SMEs reached 3.46 trillion yuan, a year-on-year increase of 22.9% [10][27]. Group 6: Talent Development - The environment for talent development is being optimized, with reforms aimed at reducing administrative burdens and enhancing intellectual property protection, which significantly lowers transaction costs for enterprises [11][28]. - Financial resources are increasingly directed towards small and private enterprises, with a notable increase in loans to technology-based SMEs compared to high-tech enterprises [11][28]. Group 7: Future Outlook - The second half of 2025 is expected to present both opportunities and challenges, with a focus on maintaining strategic stability and enhancing basic research and technological investment [12][30]. - The ongoing global economic slowdown and geopolitical tensions pose risks, but China's large domestic market and complete industrial system provide a unique "testing ground" for new technologies [12][30].

"我们依托启迪清华系创新网络，在北京、合肥等创新枢纽城市设立分站赛，形成跨区域联动、全 要素支持的招引机制。"启迪之星（句容）副总经理徐晶晶介绍，赛事已累计吸引超50个科技项目参 赛，促成7个优质项目落地转化。 政府搭台，平台赋能，项目受益。作为2023"智造句容"产业创新大赛引进重点项目之一，浡芬生物 的核心产品在污水处理领域实现革命性突破。此外，掌握原子级纳米探针技术的安测科技，凭借领先的 半导体检测解决方案赢得2024"智造句容"产业创新大赛三等奖。"获得比赛奖金后，我们决定将产线放 在句容。"句容市安测科技有限公司负责人表示，企业还通过启迪之星（句容）提供的"科技红娘"服务 与句容周边半导体企业建立了联系。 今年，启迪之星（句容）新引进的5家科技企业呈现"落地即起跑"的发展态势。瑞达电气获奖入驻 后，迅速得到启迪之星（句容）的帮助，与开发区企业对接合作；云孪数据则在句容、南京联动服务 下，快速建立在句容的知识产权布局；国芯传感、云孪数据等多家企业已与上海、南京、常州的企业建 立研发协同机制……这种科技成果落地高效转化率，得益于"赛事遴选-政策匹配-生态赋能"的闭环发展 机制。 从孵化企业，到新项目的落 ...