上海明确，力争到2027年，突破一批前沿颠覆性技术，体系化布局建设一批未来产业集聚区，培育20家 左右未来产业生态主导型企业。到2030年，培育壮大一批未来产业，推动形成若干战略性新兴产业，成 为具有世界影响力的未来产业引领地。 加快培育6G、类脑智能等产业 "未来"已来。日前，上海印发《关于加快推动前沿技术创新与未来产业培育的若干措施》（简称《若干 措施》），以系统性、前瞻性的政策设计，为未来十年创新布局定下基调。 人就像是机器人的教练，通过头戴式视觉系统把规定动作映射到机器人系统中，让机器人来学习和模仿 这些动作。 在国地共建人形机器人创新中心，机器人"学生"们热火朝天地学习；在张江药谷，越来越多的创新药破 土而出，君实生物研发的国产首个PD-1单抗为肿瘤患者临床用药提供新选择，华领医药的多格列艾汀 片成为全球首创的糖尿病新药……像这样带着"高科技"的产业形态，都有一个共同的名字——"未来产 业"。 接下来，上海围绕未来制造、未来信息、未来材料、未来能源、未来空间、未来健康六大方向，分近、 中、远三个层次，合理规划、分层推进、精准培育。 上海市经济信息化委总工程师裘薇表示，上海围绕未来产业领域，储备培育一 ...

Market Overview - The U.S. stock market showed mixed results with the Dow Jones up by 0.44%, while the Nasdaq and S&P 500 fell by 0.76% and 0.16% respectively. The Nasdaq China Golden Dragon Index dropped by 1.95% [1] - In the A-share market, major indices experienced declines, with the Shanghai Composite Index down by 0.62%, the Shenzhen Component down by 2.54%, and the ChiNext Index down by 4.26%. Over 3,500 stocks fell, indicating a bearish sentiment [1] - The trading volume in the A-share market reached 2.58 trillion yuan, an increase of 221.5 billion yuan compared to the previous trading day [4] Sector Performance - The diamond cultivation sector saw significant inflows due to new export controls on synthetic diamond products announced by the Ministry of Commerce and the General Administration of Customs, highlighting the material's importance in semiconductor applications [1] - High dividend sectors such as banking, insurance, and coal mining showed positive performance, while semiconductor equipment and related sectors faced significant outflows [5][8] Investment Strategy - The market is expected to experience fluctuations, with a recommendation to focus on undervalued high-dividend assets and sectors benefiting from domestic consumption recovery [6][9] - The recent market adjustments are viewed as technical corrections rather than a shift in the overall bullish trend, with a focus on maintaining positions above 3,800 points in the Shanghai Composite Index [7] - Investors are advised to reduce positions gradually during any rebounds to manage risk effectively [7] Technical Analysis - The Shanghai Composite Index is currently in a strong oscillating pattern, having tested the 20-day moving average support, while the ChiNext Index has shown weakness, failing to break above its 20-day moving average [11]

Core Insights - The Shanghai biopharmaceutical industry is projected to grow from 761.71 billion yuan in 2021 to 984.70 billion yuan by 2024, with an average annual growth rate of 8.94% [1] - The biopharmaceutical manufacturing output is expected to increase from 171.20 billion yuan in 2021 to 201.17 billion yuan in 2024, reflecting a compound annual growth rate of 6.9% [1] - By the end of 2024, Shanghai will have 2,183 biopharmaceutical enterprises, with 19 of the top 20 global pharmaceutical and medical device companies having established headquarters or centers in the city [1] Industry Growth and Development - Shanghai has been a pioneer in the biopharmaceutical sector since 1993, emphasizing modern biotechnology and pharmaceuticals as key high-tech industries [2] - The "14th Five-Year Plan" for Shanghai aims to double the scale of three leading industries, including biopharmaceuticals, with a total fund of 100 billion yuan allocated for these sectors [2] - The biopharmaceutical industry accounted for a significant portion of the 1.8 trillion yuan combined scale of Shanghai's three leading industries in the previous year [3] Innovation and Market Position - Shanghai has established a complete biopharmaceutical industry chain with over 80,000 related enterprises, leading the nation with 30 companies listed on the Sci-Tech Innovation Board [4] - In 2024, Shanghai approved 7 first-class innovative drugs and 15 third-class innovative medical devices, representing 17.5% and 32.6% of the national total, respectively [4] - The city also leads in overseas licensing transactions, with 15 projects exceeding 500 million USD, totaling 19.83 billion USD, marking a 30.5% year-on-year increase [4] Future Prospects - Shanghai is on the verge of surpassing the 1 trillion yuan mark in its biopharmaceutical industry, with plans to enhance the entire value chain from basic research to application [5] - The city aims to become a world-class biopharmaceutical innovation hub and industrial cluster, focusing on accelerating technological innovation and high-end industry leadership [5]

Market Overview - On October 10, 2025, the A-share market saw all three major indices decline, with the Shanghai Composite Index closing at 3897.03 points, down 0.94%, and the Shenzhen Component Index down 2.7% at 13355.42 points. The ChiNext Index fell 4.55% to 3113.26 points. Despite the overall decline, over 2700 stocks rose, with total trading volume in the Shanghai and Shenzhen markets at 2.52 trillion yuan, a decrease of 130 billion yuan from the previous trading day [1] - The Hong Kong stock market also experienced declines, with the Hang Seng Index dropping 1.73% to 26290.32 points, marking five consecutive days of losses. The total trading volume was 333.74 billion HKD, with the Hang Seng China Enterprises Index down 1.8% and the Hang Seng Tech Index down 3.27%. For the week, the Hang Seng Index fell 3.13% [1] - In the U.S. market, major indices faced significant drops due to comments from President Trump and a government shutdown crisis, with the Dow Jones falling 1.9%, the Nasdaq plummeting 3.56%, and the S&P 500 down 2.71%. All three indices recorded weekly declines exceeding 2.4% [1] New Stock Subscription - A new stock, Marco Polo (stock code 001386), is available for subscription at an issuance price of 13.75 yuan per share, with a price-to-earnings ratio of 14.27. The company is a leading manufacturer and seller of building ceramics in China, with major brands including "Marco Polo Tiles" and "Weimei L&D Ceramics." It operates five production bases in China and the U.S., offering a comprehensive range of products including glazed and unglazed tiles [2] Important News - On October 11, 2025, the Shanghai Municipal Government issued measures to accelerate the innovation of frontier technologies and the cultivation of future industries. The measures focus on six key development areas: future manufacturing, future information, future materials, future energy, future space, and future health. The plan includes support for reducing costs and improving accessibility in fields like cell and gene therapy, brain-machine interfaces, and biological manufacturing [2] Regulatory Actions - The China Securities Regulatory Commission (CSRC) announced administrative penalties against *ST Yuancheng for serious financial fraud, proposing a fine of 37.45 million yuan for the company and a total of 42 million yuan for five responsible individuals. The company was found to have inflated revenue and profits for three consecutive years, violating securities laws. The CSRC will initiate delisting procedures due to significant violations, and potential criminal evidence will be referred to law enforcement [4]

新华财经上海10月11日电 "未来产业"是指处于孕育萌发阶段或产业化初期，具有显著颠覆性、前瞻性 的新兴产业。培育未来产业是引领科技创新、重塑产业格局的战略支点，在新一轮科技革命与产业变革 交织演进的当下，未来产业的布局深度将直接决定区域发展的未来能级。 根据《中国区域科技创新评价报告2025》，近十年来，长三角地区作为我国科技创新的"领头羊"地位日 益凸显。三省一市"各扬所长、攥指成拳"的发展范式，为未来产业的培育奠定了独一无二的基础。而本 周，在长三角多地，这份面向未来的产业布局已清晰呈现加速落地的态势。 · 10月10日，聚变堆主机关键系统综合研究设施（CRAFT）项目取得重要进展——环向场磁体线圈盒研 制成功并在合肥交付。 解读：环向场磁体，是磁约束核聚变装置的核心部件。其功能是产生一个强大的环向磁场，如同一个看 不见的"磁笼"，将上亿摄氏度的聚变等离子体安全地约束在真空室中心，不与任何容器壁接触，从而实 现受控核聚变反应。 此次交付的线圈盒是环向场磁体的主体承力结构部件，整个聚变装置将由16个这样的D形巨大部件首尾 相接，组合成一个巨大的环形结构，将真空室包裹其中。该部件外形尺寸21米×12米，重4 ...

上海立足现有基础，进一步加快未来产业培育，相继发布实施了脑机接口、量子计算、硅光、6G等多 个领域的未来产业培育方案，启动建设一批概念验证平台，同步布局了12家高质量孵化器，并设立总规 模约150亿元的未来产业基金；同时，打造"上海未来启点社区"，并启动建设了类脑智能、硅光、脑机 接口等领域的未来产业集聚区，促进创新资源集聚。 根据《若干措施》，上海力争到2027年，突破一批前沿颠覆性技术，体系化布局建设一批未来产业集聚 区，培育20家左右未来产业生态主导型企业。到2030年，培育壮大一批未来产业，推动形成若干战略性 新兴产业，成为具有世界影响力的未来产业引领地。 《若干措施》包含六方面，有"聚焦高风险、高价值的重大科学问题，加快布局实施前沿颠覆性技术专 项""支持建设概念验证平台、中试平台、共性技术研发平台等专业服务平台机构"等内容。 中新网上海10月11日电 (记者郑莹莹)上海市科委副主任屈炜11日在上海市政府新闻发布会上介绍了最新 发布的《关于加快推动前沿技术创新与未来产业培育的若干措施》(以下简称：《若干措施》)的有关情 况。 屈炜表示，未来产业指处于孕育萌发阶段或产业化初期，具有显著颠覆性、前瞻性的 ...

为继续培育未来产业，上海再发新政进行系统性布局。 对中期、处于产品研发阶段的领域，比如硅光领域，上海启动建设硅光未来产业集聚区，组建硅光创新 联盟，设立硅光基金矩阵，在光互连、光计算、光传感方向上创新产品持续涌现。类脑智能领域，类脑 感算一体融合相机、类脑双目视觉系统已成功研发并实现产业化应用，类脑感知、类脑计算芯片与系 统、类脑大模型等一批原创成果也正加速研发与转化。 10月11日，上海市政府新闻办举行市政府新闻发布会介绍了《关于加快推动前沿技术创新与未来产业培 育的若干措施》（下称"措施"），措施提出力争到2027年，突破一批前沿颠覆性技术，体系化布局建设 一批未来产业集聚区，培育20家左右未来产业生态主导型企业。到2030年，培育壮大一批未来产业，推 动形成若干战略性新兴产业，成为具有世界影响力的未来产业引领地。 为何选定这些重点领域？ 在聚焦重点发展领域，提出围绕未来制造、未来信息、未来材料、未来能源、未来空间、未来健康六大 方向，合理规划、分层推进、精准培育。发展壮大细胞与基因治疗、脑机接口、生物制造、具身智能等 领域，重点支持降低成本、提高可及性、构建产业生态；加快培育第四代半导体、硅基光电子、第 ...

沪府办规〔2025〕8号 智通财经APP获悉，2025 年 10 月 11 日上午，上海市政府新闻办召开专题新闻发布会，市科委副主任 屈炜联合市发展改革委副主任裘文进、市经济信息化委总工程师裘薇、浦东新区副区长李慧，共同解读 《关于加快推动前沿技术创新与未来产业培育的若干措施》(以下简称《若干措施》)。作为上海落实国 家 "发展新质生产力、推动未来产业创新发展" 决策部署的关键行动，《若干措施》的出台既是对前期 工作的深化 —— 此前上海已在脑机接口、量子计算、硅光等领域发布专项培育方案，建成超宽禁带半 导体等概念验证平台，设立 150 亿元未来产业基金并布局 12 家高质量孵化器，更是面向未来的系统性 谋划。方案明确了到 2027 年 "突破前沿颠覆性技术、培育 20 家左右生态主导型企业"，到 2030 年 "建 成具有世界影响力未来产业引领地" 的目标，从领域聚焦、技术支撑、企业培育等六大维度给出具体路 径。下文将详细呈现《若干措施》的核心内容与工作机制，清晰展现上海抢占全球产业竞争制高点的战 略布局。 以下为通知全文： 上海市人民政府办公厅印发《关于加快推动前沿技术创新与未来产业培育的若干措施》的通知 ...

Core Insights - Shanghai Municipal Government has issued measures to accelerate the innovation of frontier technologies and the cultivation of future industries, focusing on areas such as brain-machine interfaces, embodied intelligence, and fourth-generation semiconductors [1][2][3] Group 1: Future Industry Development - The measures emphasize the development of future manufacturing, information, materials, energy, space, and health sectors, aiming to rationally plan and cultivate future industries based on industrial foundations and resource endowments [2][3] - Key areas for support include cell and gene therapy, brain-machine interfaces, biological manufacturing, and embodied intelligence, with a focus on reducing costs, improving accessibility, and building industrial ecosystems [2][4] Group 2: Technological Innovation and Research - The initiative aims to accelerate the cultivation of fourth-generation semiconductors, silicon-based optoelectronics, sixth-generation mobile communications, and brain-like intelligence, emphasizing product design optimization and market value verification [2][3] - There is a focus on quantum technology, controllable nuclear fusion, and regenerative medicine, with support for tackling technical challenges and validating the feasibility of product development [2][3] Group 3: Financial Support and Investment - The measures propose a multi-level financial support system, leveraging government funding to guide enterprise investment and support from financial institutions [6] - Future industry funds will play a guiding role, utilizing a "direct investment + sub-fund investment" model to create an investment incubation ecosystem for disruptive technology innovation [6] Group 4: Ecosystem and Enterprise Support - The initiative supports the cultivation of leading technology enterprises that focus on future industries, providing special support for those with significant innovation input and industry influence [4] - A gradient cultivation system for innovative enterprises will be established, supporting small and medium-sized technology enterprises and high-growth technology companies [4] Group 5: Application and Demonstration - The measures encourage the development of experimental verification scenarios and demonstration applications to drive future technology iterations and product maturity [5] - Government procurement policies will support the large-scale application of innovative products, with financial backing for eligible projects [5]

Core Viewpoint - Shanghai government has released significant measures to accelerate the innovation of frontier technologies and the cultivation of future industries, focusing on areas such as brain-machine interfaces, embodied intelligence, and quantum technology [1][3]. Group 1: Policy Measures - The measures aim to develop and strengthen fields like cell and gene therapy, brain-machine interfaces, and biological manufacturing, with a focus on reducing costs and improving accessibility [3][4]. - Emphasis is placed on cultivating fourth-generation semiconductors, silicon-based optoelectronics, sixth-generation mobile communications, and brain-like intelligence, supporting product design optimization and market value verification [3][4]. - The government plans to accelerate the layout of quantum technology, controllable nuclear fusion, and regenerative medicine, focusing on tackling technical challenges and validating the feasibility of technology solutions [3][4]. Group 2: Support for Enterprises - The measures support technology enterprises that lead future industry ecosystems, providing targeted support for those with significant innovation investments and industry influence [5]. - A gradient cultivation system for innovative enterprises will be established, supporting small and medium-sized technology enterprises and high-growth technology companies [5]. - Financial support will be provided for enterprises that increase R&D investment and expand production scale, with one-time rewards of up to 50 million yuan for qualifying companies [5]. Group 3: Financial and Resource Support - The government will enhance multi-level financial support, leveraging fiscal funds to create a diverse investment system involving government, enterprises, and financial institutions [6]. - Future industry funds will play a guiding role, adopting a model of "direct investment + sub-fund investment" to foster an investment incubation ecosystem [6]. - Policies will be implemented to support the application of innovative products in various fields, with financial backing of up to 30% of contract amounts, capped at 20 million yuan for qualifying innovations [6].