智通财经记者 | 李科文 智通财经编辑 | 谢欣 脑机接口已成上海未来产业重点发展方向。 日前，上海"十五五"规划明确以先进制造业为骨干，构建"2+3+6+6"现代化产业体系，打造世界级高端 产业集群。其中，在六大新兴支柱产业集群，未来健康领域提及加强脑机接口的敏捷布局，加快培育成 势。 2026年上海两会期间，市政协委员、复旦大学附属华山医院神经外科副主任吴劲松建议，当前正处于脑 机接口技术从实验室走向产业化的关键期，上海必须把握机遇，加快打造世界脑机接口中心城市。 非侵入式因操作简便、安全性高，已在消费级及部分医疗场景中应用，但受颅骨阻隔影响，信号采集精 度有限，短期内难以支撑重症患者的高要求康复。侵入式与半侵入式虽然面临技术与伦理挑战，却已成 为医疗康复领域的核心突破方向。 上海市卫生和健康发展研究中心主任金春林向智通财经表示，"未来健康"定位以将脑机接口定义为超越 传统医疗器械范畴，视作生命科学、人工智能与先进制造交叉的前沿方向。战略信号明确，强政策支持 上海抢占全球科技竞争制高点。 他认为，"敏捷布局"的重点在于更灵活、更快速地响应技术迭代与场景拓展，通过机制创新（如快速审 批通道等）加速技术转化， ...

Group 1: Future Industry Development - The core theme of the recent collective study by the Central Political Bureau focuses on forward-looking layout and development of future industries, emphasizing that technological breakthroughs significantly determine the speed, breadth, and depth of future industry development [1] - Future industries are characterized by their foresight, strategic importance, and disruptive nature, with technological breakthroughs being crucial for their development [1] - The emphasis is on leveraging scientific and technological innovation to lead industrial innovation, injecting continuous momentum into future industry development [1] Group 2: Key Technologies and Innovations - The new type of national system is highlighted as a key advantage in addressing critical core technologies, with a focus on the integration of industry needs and technological responses [2] - The development of a "microbial parallel bioreactor" has been achieved, significantly improving efficiency compared to traditional equipment, which has been dominated by foreign technologies [2][3] - Collaborative innovation among research institutions and manufacturing enterprises is essential for accelerating the transformation of technological achievements into industrial applications [3] Group 3: Importance of Basic Research - Basic research is identified as the source of technological innovation and a critical support for future industry technology innovation [4] - The successful development of a third-generation autonomous superconducting quantum computer and advancements in quantum communication networks illustrate the importance of foundational research in driving industry growth [5] - The establishment of a green extraction process for paclitaxel demonstrates the long-term commitment to basic research and its role in overcoming industry challenges [6] Group 4: Role of Enterprises - Enterprises are recognized as the main body of technological innovation and play a crucial role in advancing future industries [7] - The establishment of the China Fusion Energy Company marks a significant shift towards commercializing controlled nuclear fusion, highlighting the importance of enterprise involvement in technological advancements [7] - The integration of research institutions, clinical applications, and enterprises is essential for fostering innovation and market transformation in future industries [9] Group 5: Collaborative Efforts and Strategic Planning - The new type of national system is crucial for guiding collaboration between enterprises, universities, and research institutions to address industry needs and promote efficient technology transfer [10] - The development of future industries is seen as a strategic move for both current and future national interests, emphasizing the need for a systematic and forward-looking approach [10]

Group 1 - The core theme of the articles emphasizes the importance of technological breakthroughs in determining the speed, breadth, and depth of future industrial development [1][4] - The concept of "industry posing questions, technology providing answers" is highlighted as a guiding principle for driving innovation and addressing key technological challenges [2][4] - The collaboration between research institutions and manufacturing enterprises is crucial for accelerating the transformation of technological achievements into industrial applications [3][8] Group 2 - The new type of national system is identified as a key guarantee for promoting future industrial development, enabling long-term stable investment and strategic patience [4][9] - Strengthening strategic, forward-looking, and systematic layouts in basic research is essential for fostering technological innovation and supporting future industries [5][6] - Enterprises are recognized as the main body of technological innovation, playing a vital role in leading industries towards advanced and high-end fields [7][9] Group 3 - The development of core technologies in fields such as controlled nuclear fusion is highlighted as a significant step towards commercializing future energy solutions [7][8] - The establishment of innovation alliances that integrate research, clinical applications, and enterprise participation is essential for advancing complex systems like brain-machine interfaces [8][9] - The articles stress the need for effective collaboration between enterprises, universities, and research institutions to tackle key technological challenges and enhance the efficient transformation of scientific achievements [9]

Group 1 - The core theme of the news is the emphasis on technological innovation as a driving force for the development of future industries, highlighting the importance of breakthroughs in technology for enhancing the speed, breadth, and depth of industrial growth [1][4] - The new type of national system is identified as a key guarantee for promoting the development of future industries, enabling strategic patience and long-term stable investment that the market cannot provide [4][10] - The integration of research institutions, manufacturing enterprises, and application sectors is crucial for accelerating the transformation of technological achievements into industrial applications [3][9] Group 2 - The focus on key core technology breakthroughs is essential, with a call for industries to present challenges that technology must address, ensuring that technological innovation is driven by actual market needs [2][10] - The development of high-performance bioreactors in the biomanufacturing sector is highlighted, showcasing a successful case of overcoming technological monopolies through collaborative innovation [2][3] - The rise of quantum computing in Hefei is noted, with significant advancements in both foundational research and industrial applications, indicating a robust growth trajectory for the quantum industry [5][6] Group 3 - The role of enterprises as the main body of technological innovation is emphasized, with a focus on cultivating leading technology companies that can drive industries towards high-end fields [7][8] - The establishment of innovative joint entities that combine research, clinical applications, and enterprise involvement is presented as a model for fostering deep cooperation and innovation in future industries [9][10] - The need for strategic, forward-looking, and systematic layouts in basic research is stressed, as it serves as the foundation for technological innovation and future industrial development [6][10]

2026年1月,在福建农林大学举办的人工智能创新成果发布会上,一台名为福小智F1-D的人形机器人成为 焦点。这是国内首款深度融合非侵入式脑机接口技术的人形诊疗机器人,它的亮相,直指我国孤独症早期 干预的痛点,为超过1300万孤独症患者,尤其是低龄患儿,带来了全新的康复曙光。 六成孤独症孩子 错过最佳干预期 孤独症儿童常被称为"星星的孩子"。他们仿佛生活在独立的星球上,感官、语言和社交系统出现了不易 察觉的"紊乱"。 他们难以解读他人的表情和语气,也常常无法顺畅表达自己的需求,与世界之间隔着一层无形的屏障。 中国残联数据显示,我国孤独症儿童发病率约为7‰,且每年有近20万新发病例。更令人揪心的是,超过 60%的患儿在3岁前已出现明显症状,但由于医疗资源分布不均、公众认知滞后等原因,确诊平均年龄被推 迟到4至5岁,错过了3岁前神经可塑性最强的黄金干预期。 北京儿童医院康复科主任王琳曾打过一个形象的比方:"早期干预就像植树,3岁前是'浇水施肥'的黄金 期。一旦树干长歪,再想纠正就非常困难了。" 当前的孤独症康复,正面临几大突出瓶颈:干预效果高度依赖治疗师个人经验,缺乏客观量化标准；训练模 式重复枯燥,患儿参与度低； ...

报告导读： AI 融合赋能与政策资本加持下，脑机接口多技术路线并行推进，场景落地加 速开启商业化增长周期。 投资建议： 我们认为，在 AI 与脑机接口深度融合趋势及十五五规划政策加持下，技术迭代与场景落地成为行业核心驱动力，看好全链条布局、 AI 赋能突出 及临床场景绑定紧密的企业。 法律声明 脑机接口凭借双向信息传输能力构建人机协同通路，形成多技术路线并行发展格局。 作为连接生物大脑与外部设备的直接信息交互通道，其核心功能涵盖神 经信号解读、外部设备操控及大脑信息输入，可实现脑功能的替代、修复、增强与优化。技术路线上，非侵入式、半侵入式、侵入式各具优势，非侵入式以操 作简便、安全性高成为当前主流，半侵入式兼顾风险与效能，侵入式则凭借高时空分辨率在复杂神经活动解码中具备优势。 AI 技术与脑机接口的深度融合成 为重要趋势，通过机器学习算法提升信号解码精度与效率，实现双向交互、自适应化与精准解码，推动行业向 " 脑机智能共同体 " 高阶形态演进。 全球产业竞逐升温，国内政策与资本双轮驱动产业化提速。 全球范围内，中美主导核心赛道竞争，美国主攻侵入式技术，中国在非侵入式、语言解码领域实 现突破，同时加快侵入式技术 ...

Core Insights - The brain-computer interface (BCI) sector is experiencing significant investment and government support, marking a transition from experimental technology to industrial application [2][19] - A notable case involves an 11-year-old boy who, after a severe spinal injury, underwent innovative rehabilitation combining spinal cord stimulation and exoskeleton technology, leading to remarkable recovery [4][6] Investment and Government Support - Leading company Strong Brain Technology secured approximately 2 billion yuan in funding, setting a record for non-invasive BCI financing [2] - Various provinces, including Beijing and Guangdong, are incorporating BCI into their government work reports, indicating strategic national interest [2] Technological Advancements - The integration of BCI and spinal cord stimulation technologies is reshaping rehabilitation approaches, with significant improvements in patient outcomes [3][5] - The development of adaptive filtering algorithms has enhanced the accuracy of muscle signal detection, crucial for effective treatment [5] Clinical Applications and Challenges - The case of the boy illustrates the potential of BCI technology in clinical settings, showcasing a successful transition from laboratory research to practical application [6][8] - The complexity of spinal cord injuries necessitates personalized treatment plans, as patient responses can vary widely based on numerous factors [14][15] Regulatory Landscape - Recent guidelines from the National Medical Products Administration aim to clarify the registration process for BCI devices, though strict definitions have sparked debate within the industry [17][18] - The dual nature of invasive and non-invasive BCIs presents regulatory challenges, particularly concerning safety and ethical considerations [18] Future Outlook - The BCI industry is poised for growth, with projections indicating significant breakthroughs and commercialization by 2027 [19][22] - The convergence of AI and BCI technologies is expected to enhance signal decoding and treatment efficacy, potentially revolutionizing rehabilitation practices [20][21]

转自：央视新闻 来源：央视新闻 未来产业已成2026年开年热词。"十五五"开局之年，中央政治局今年的首次集体学习，聚焦未来产业发 展。地方两会上，"培育壮大未来产业""加强未来产业布局" "推进未来产业先导区建设"等也是各省区市 政府工作报告强调的重点。什么是未来产业，它离我们的生活还有多远？哪些省份在未来产业布局上处 于领跑位置？它们的领跑密码是什么？01何为未来产业？近两年，机器人、"人造太阳"、6G（第六代 移动通信）这些科技新词在新闻中越发常见。机器人从春晚舞台跑进田径赛场，解锁更多技能，动作愈 加流畅，具身智能的应用场景日益增多。"人造太阳"2025年实现1亿摄氏度、1066秒稳态运行，刷新世 界纪录，我国可控核聚变正从基础科学迈向关键工程实践。6G技术试验已开启第二阶段，人、机、 物、智能体的"万物智联"时代越来越近……这些正是未来产业的代表。简单来说，未来产业是指由前沿 技术驱动，当前处于孕育萌发阶段或产业化初期，具有显著战略性、引领性、颠覆性和不确定性的前瞻 性新兴产业。"十五五"规划建议中，在"建设现代化产业体系，巩固壮大实体经济"部分，对发展未来产 业作了具体说明。"前瞻布局未来产业，探索 ...

文章来源：神经未来 转载要求：可以直接转载，请在文首注明来源 2026年2月5日，证监会IPO辅导公示系统显示， 博睿康 已向上海证监局提交IPO辅导备案，正式启动上市进程 。 作为国内脑机接口（BCI）领域最早一批系统级企业之一，博睿康的核心产品为 微创植入式脑机接口系统 NEO 。据公开信息， NEO 已于 2025 年完成注册性临床试验，并进入国家药监局创新医疗器械特别审查程序， 有望成为 国内首个实现商业化落地 的植入式脑机接口产品 。 在海外脑机接口持续取得阶段性突破、国内政策与临床同步加速的背景下，博睿康的 IPO 动向，被视为中国医疗级 BCI 从"科 研主导"迈向"产业化验证"的重要信号。 # 海内外脑机接口进展提速，产业关注度持续升温 近一个月内，脑机接口赛道连续释放多重信号： 海外公司在侵入式技术路径上的持续突破，与国内企业在监管、临床和政策端的同步推进，使脑机接口从"前沿探索"逐步进入 可被资本 和产业评估的阶段 。 # 医疗仍是 BCI 最大基本盘，市场规模正在被重新评估 从全球视角看， 医疗健康是脑机接口当前最成熟、占比最高的应用方向 。 综合多家研究机构测算，医疗领域通常占整体 B ...

国泰海通证券主要观点如下： 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 国泰海通证券发布研报称，在AI与脑机接口深度融合趋势及十五五规划政策加持下，技术迭代与场景 落地成为行业核心驱动力，AI融合赋能与政策资本加持下，脑机接口多技术路线并行推进，场景落地 加速开启商业化增长周期。看好全链条布局、AI赋能突出及临床场景绑定紧密的企业。 应用场景多点突破，商业化落地开启长期增长空间，头部企业多维布局构筑优势 风险提示：技术研发与商业化落地不及预期、政策监管与伦理合规风险、行业竞争加剧与核心部件依赖 风险。 脑机接口凭借双向信息传输能力构建人机协同通路，形成多技术路线并行发展格局 医疗健康是当前最确定的基本盘，已在听力障碍、震颤治疗、运动康复等领域实现产业化落地，国内多 家医院开启临床布局，医保支付体系完善进一步打通落地路径。消费、工业等场景加速拓展，消费端依 托非侵入式技术覆盖残障群体与健康人群需求，政策支持下有望成为高成长性新赛道；工业端聚焦高 危、高精度作业需求，处于试验验证向商业化落地过渡阶段。头部企业通过全链条研发、产学研合作、 多场景布局构建竞争壁垒，分别在非侵入式技术应用 ...