Core Viewpoint - The meeting on the advancement of the visual intelligence advanced manufacturing industry cluster was held, emphasizing the goal of establishing a globally influential manufacturing cluster with distinct characteristics of Hangzhou [1] Group 1 - The meeting was convened to discuss the first steps in promoting the visual intelligence advanced manufacturing industry cluster [1] - Hangzhou's mayor highlighted the importance of aligning with the provincial "415X" advanced manufacturing cluster initiative [1] - The aim is to cultivate the visual intelligence industry cluster to support high-quality economic and social development in the city [1]

Core Insights - The new industries are accelerating growth and becoming a highlight in China's economic landscape, with various regions leveraging their resource endowments to build diverse industrial clusters that support high-quality development [1] Group 1: Industry Development - "China Vision Valley" in Hangzhou, Zhejiang, showcases innovative products such as a 78x zoom camera and VR lenses that can be developed in just 15 days, contributing to urban development [4][5] - The "Vision Valley" has over 10,000 upstream and downstream enterprises in the visual intelligence industry chain, enhancing R&D and production efficiency through a "door-to-door" support model and collaborative networks [7][11] Group 2: Innovation Ecosystem - The "Vision Valley" fosters a "tropical rainforest" style innovation ecosystem, promoting multi-level and multi-factor collaborative innovation systems that drive the industry cluster towards higher quality and efficiency [7][8] - Innovative ideas can be quickly monetized, with optical module R&D companies able to realize new products in just a few days, such as a 2D optical waveguide lens that significantly improves VR display quality [10] Group 3: Industry Chain and Scale - "China Vision Valley" has cultivated 15 national-level manufacturing champions and 198 specialized "little giant" enterprises, forming a complete visual intelligence industry chain from upstream algorithms to downstream cloud platforms [13] - The total scale of the visual intelligence industry in "China Vision Valley" is expected to exceed 1 trillion yuan (approximately 100 billion) by 2027, indicating significant growth potential [14]