人民财讯12月11日电，中共江苏省委关于制定江苏省国民经济和社会发展第十五个五年规划的建议发 布，其中提出，深入推进数字江苏建设。深化数据资源开发利用，建设国家数字经济创新发展试验区， 深化"数实融合"强省建设，培育一批引领型数字企业和产业集群。加快构建数智技术创新体系，强化底 层技术和软硬件短板突破，积极部署类脑计算、光量子芯片等创新应用技术，强化算力、算法、数据等 高效供给，加快通用大模型和垂直领域大模型研发。推进算力和绿电协同建设，降低中小企业算力使用 门槛。全面实施"人工智能+"行动，加强人工智能同产业发展、文化建设、民生保障、社会治理相结 合，全方位赋能千行百业，推进全域数智化，打造人工智能创新发展高地。结合江苏优势产业，推动人 工智能驱动的新型科研范式、技术研发、工程实现、产品落地一体化协同发展。高水平推进中国科学院 工业人工智能研究所建设，实施工业互联网创新发展工程，加快布局智能制造重大科研设施和具身智能 技术创新平台。支持苏州、南京等有条件的地方开展"人工智能+"城市建设试点。支持无锡构建以物联 网为核心的数字产业体系。 ...

Core Viewpoint - The event "Technology Meets Industry Innovation: Dual Empowerment" highlights Wuxi's role as a national model for the integrated circuit industry, emphasizing the need for Wuxi to leverage its industrial foundation to build an integrated circuit ecosystem supported by an industrial internet and to seek pilot reforms for new research institutions, providing a "Wuxi experience" for national technological innovation [1][5]. Group 1: Wuxi's Role in Integrated Circuit Industry - Wuxi is recognized as the "Huangpu Military Academy" of China's integrated circuit industry, having trained a significant number of technical talents for the nation [3]. - The city leads the country in the "five-chain integration" model, which combines innovation, industry, finance, talent, and policy, making its experience valuable for nationwide replication [3]. Group 2: Strategic Recommendations for Wuxi - Focus on traditional industry advantages while seizing opportunities in emerging fields such as photonic quantum chips and carbon-based chips, which are crucial for China's technological leap [4]. - Innovate the ecosystem by creating an industrial internet platform that connects various segments of the integrated circuit industry, forming a "super virtual IDM" that integrates global innovation resources [4]. - Overcome institutional barriers by promoting pilot reforms in new research institutions, particularly in talent mobility, compensation systems, and evaluation frameworks, to enhance the effectiveness of regional and national innovation systems [4].

Core Insights - The Chinese semiconductor industry is transitioning from a phase of rapid growth driven by policy and capital to a more complex stage focused on sustainability, strength, and true innovation [1] - The future of the industry will emphasize "strong chain and supplementary chain" strategies, marking a pivotal shift in development [1] Investment Strategy Evolution - The investment landscape is expanding from chip design to upstream areas of the supply chain, with a focus on materials, advanced packaging, and emerging technologies [2][3] - Materials are identified as a key investment area due to their long validation cycles and the potential for creating a strong competitive moat [2] - Advanced packaging is becoming increasingly important as a high-value business, especially in light of the slowing of Moore's Law [3] - Emerging fields like photonic quantum technology are seen as promising areas for growth, with China positioned to compete globally [3] Entrepreneurial Ecosystem Shift - The number of semiconductor companies in China has grown significantly, indicating a shift towards industry consolidation and mergers and acquisitions [6] - Founders are increasingly open to the idea of being acquired, recognizing that there are multiple paths to success beyond independent IPOs [6] - New entrepreneurs are more inclined to innovate rather than replicate existing products, reflecting a shift in market dynamics [6] Industry Drivers - AI is becoming a central driver of demand for new chips, particularly in data centers and IoT applications [7] - The market for GPUs is expanding rapidly, driven by the increasing investment in data center infrastructure [7] - Storage solutions are also seeing significant growth, with domestic companies improving their capabilities and increasing their market share [7] Future Outlook - The next decade will focus on "strong chain and supplementary chain" strategies, with an emphasis on core areas like computing chips and critical materials [9] - Mergers and acquisitions will play a crucial role in industry consolidation, with plans for a dedicated fund to facilitate this process [9] - Original innovation will be prioritized, with investments aimed at transforming research outcomes into commercial products [9] - AI will continue to redefine the semiconductor industry, influencing everything from data centers to smart hardware [9]

Group 1 - Quantum technology has rapidly advanced, becoming a forefront of the new technological revolution and industrial transformation, with significant government support for future industries like quantum technology [2] - The development of quantum technology is characterized by national strategic driving, multiple technological routes, interdisciplinary collaboration, deep integration of basic research and engineering applications, and a coexistence of international competition and cooperation [2] - There is a consensus among industry participants on the necessity to accelerate the development of quantum technology, with a clear role for the capital market in supporting this growth [2] Group 2 - Companies in the quantum technology sector are seeking different types of capital at various stages, from pure financial investment in early stages to business-synergistic investors in mid-stages, ultimately aiming for IPOs [3] - There is a growing interest from investors in hard technology sectors, particularly in quantum technology, as they recognize its alignment with national strategic initiatives [3] - The funding sources for the quantum technology industry are diverse, including research funding, capital market support, and potential business revenues, indicating a rolling development model [3] Group 3 - The Shenzhen Stock Exchange is creating an industrial exchange platform to support key sectors, including quantum technology, and aims to enhance capital market services to facilitate high-quality development in frontier fields [3]

Core Viewpoint - The "Shenzhen Stock Exchange · Innovation Forum" serves as a vital platform for promoting collaboration and innovation in the quantum technology sector, emphasizing the importance of capital market support for the industry's development [1][4]. Group 1: Quantum Technology Development - Quantum technology is experiencing rapid advancements, becoming a key area in the new wave of technological revolution and industrial transformation, with applications in quantum computing, communication, and precision measurement [2][3]. - China has made significant progress in quantum technology, ranking among the global leaders in technology level, capability, and talent reserves [3]. Group 2: Capital Market's Role - The capital market plays a crucial role in supporting the development of quantum technology, with the government emphasizing the need for increased investment in future industries, including quantum technology [4][5]. - Listing on the stock market is seen as a critical step for companies in the quantum computing sector, providing access to local government support and capital market funding, which can accelerate the commercialization of key technologies [5][6]. Group 3: Industry Challenges and Opportunities - Despite the achievements, challenges remain in transforming scientific research into industrial applications, requiring substantial investment and continuous capital growth to avoid stagnation [3]. - The integration of capital market mechanisms with policy guidance is expected to enhance the development of quantum technology, creating a synergistic effect that will drive the industry forward [6].