郑栅洁表示，存量方面，我们将持续做大做强传统产业，推动重点产业提质升级，预计未来5年，传统产业将新增十万亿以上的广阔市场，这些同样是发 展动能的重要来源。接下来，针对高成长性行业，我们将突出做好三方面工作。 首先，突出长远布局。 在集成电路、卫星互联网、国产大飞机、全国一体化算力网等领域，建设一批长链条、大体量的重大项目，投资规模都在千亿级 甚至万亿级， 铸就一批打基础、利长远的"国之重器"。 其次，突出要素保障。去年，在这里也是3月6日，我向大家介绍了国家创业投资引导基金。我们会同财政部、证监会、金融监管总局等部门，和北京、上 海、广东等地强力推进，目前国家创投引导基金和3只区域基金都已经开张运作，惠及多个领域一大批初创企业。今年，我刚才也介绍了，将设立国家级 并购基金，推动解决创业投资"退出难"问题；同时，支持开展并购重组，推动解决内卷式竞争问题。 最后，突出改革协同。既注重项目资金"硬投入"，也注重体制机制"软建设"。比如，我们将推动软件开发、数据加工等无形资产可"入账"、能"变现"，更 好体现智力价值、形成正向激励。再比如，场景是从技术突破到产业应用的关键一环，我们将加大改革力度，实施新技术、新产品、 ...

其其其其其其其其其中中中中中中中中中，，，，，，，，，涉涉涉涉涉涉涉涉涉及及及及及及及及及能能能能能能能能能源源源源源源源源源领领领领领领领领领域域域域域域域域域444444444方方方方方方方方方方方方方方方方方方方方方方方方方面面面面面面面面面面面面面面面面面面面面面面面面面222222222000000000余余余余余余余余余项项项项项项项项项内内内内内内内内内容容容容容容容容容 产业基础能力和竞争力提升 ● 重大技术装备 新产业新赛道培育发展 ● 新型电池 ● 绿色氢能 前沿科技攻关 ● 人工智能 ● 可控核聚变 引领新质生产力发展方面 构建现代化基础设施体系方面 文 |新华社 新型能源体系建设 ● 重大水电及水风光一体化基地 推动绿色低碳转型方面 重点领域安全保障方面 重点领域安全保障能力提升 一起来看 ↓ ●" 沙戈荒"等新能源基地 ● 海上风电基地 ● 沿海核电 ● 电力输送通道 ● 电力互济工程 ● 天然气管网 ● 重点行业领域节能降碳 ● 煤炭消费清洁替代 ● 零碳园区和零碳运输走廊建设 ● 循环经济助力降碳 ● 非二氧化碳温室气体减排 ● 碳达峰碳中和基础能力提升 ● 油气勘探开发和储备 ...

这些不仅是市场关注的问题，也是政策研究部门关注的问题。 2026年两会前夕，在国家信息中心的支持下，《财经》将2026年初的一次算力政策讨论与意见征集，梳理出了七个关键问题。这次国家信息中心组织的讨 论主要聚焦"算力调度"对产业发展的价值，参与者以电信运营商、科研院所、咨询机构的专家为主。 国家信息中心是国家发展改革委直属事业单位，长期进行全国一体化大数据中心、"东数西算"工程、全国一体化算力网等政策研究。多年来，国家信息中 心在不断组织大型科技公司、创业公司、咨询机构、科研院所等进行算力领域的专题讨论和意见征集。 在历经多年的长期研讨中，各方对"算力调度"的理解不断深化，并逐渐达成了一些共识： 算力调度，是充分利用现有算力，减少闲置资源，实现合理配置的重要方法。算力调度的复杂度，要远超水电的调度。水电是同质的物理资源，但算力是 高度异构和非标准化的。全国算力调度"一张网"的建设，不能只靠行政指令推进，而是通过政府搭台、标准引领、市场运作的综合模式，让全国一体化算 力网真正高效运转起来。 中国算力产业布局中，产业政策一直发挥着重要作用。其中有两大关键节点——2022年2月，"东数西算"工程启动。2023年12 ...

Core Viewpoint - The "15th Five-Year Plan" suggests "moderate advanced new infrastructure construction," emphasizing the need for local governments to implement this requirement through tailored approaches based on regional characteristics [1][59]. Group 1: Understanding "Moderate Advanced New Infrastructure" - The "15th Five-Year Plan" emphasizes "moderate advanced construction," focusing on the development of information communication networks, integrated computing networks, and major technological infrastructure, while also promoting the digital transformation of traditional infrastructure [2][60]. - The scope of new infrastructure has significantly expanded compared to the "14th Five-Year Plan," now covering communication networks, data, and computing fields, driven by the digital transformation of the economy [2][9]. - From 2019 to November 2025, investments in electricity, heat, internet software, and logistics have increased by 10.4%, 5.0%, and 4.1% respectively, indicating the core investment attributes of new infrastructure [12][61]. Group 2: Commonalities and Differences in Local Infrastructure Layout - Local governments focus on integrating infrastructure and enhancing information infrastructure, with 28 regions proposing the digital transformation of traditional infrastructure [3][15]. - In the North China region, the focus is on building national data hubs and integrating energy transformation, with Beijing leading in data management and resource centers [3][29]. - The East and South China regions leverage their advantages in low-altitude economies and water transport systems, emphasizing low-altitude infrastructure and smart upgrades to water transport [3][35]. Group 3: Policy Support for New Infrastructure in 2026 - Fiscal policies have increased support for new infrastructure through policy financial tools, with the China Development Bank providing 98.02 billion yuan for digital economy and AI projects [5][43]. - Monetary policies have introduced tools like technology innovation loans to support new infrastructure, with green loans and loans for infrastructure upgrades showing growth rates of 17.5%, 25.1%, and 22.3% respectively [6][49]. - Regulatory measures will optimize spatial layouts, control hidden debts, and prevent redundant construction, aiming to enhance the overall effectiveness of new infrastructure development [6][52].

Core Viewpoint - The article discusses the "15th Five-Year Plan" proposal emphasizing "moderate advanced new infrastructure construction," highlighting the need for local governments to implement this requirement and adapt their strategies based on regional characteristics [1][59]. Group 1: Understanding "Moderate Advanced New Infrastructure" - The "15th Five-Year Plan" proposes "moderate advanced construction," focusing on the development of information communication networks, integrated computing networks, and major technological infrastructure, while also promoting the digital transformation of traditional infrastructure [2][60]. - The scope of new infrastructure has significantly expanded compared to the "14th Five-Year Plan," now covering communication networks, data, and computing fields, driven by the digital transformation of the economy [2][9]. - From 2019 to November 2025, investments in electricity, heat, internet software, and logistics have increased by 10.4%, 5.0%, and 4.1% respectively, indicating the core investment attributes of new infrastructure [12][61]. Group 2: Commonalities and Differences in Local Infrastructure Layout - Local governments focus on integrating infrastructure and enhancing information infrastructure, with 28 regions proposing the digital transformation of traditional infrastructure [3][62]. - The North China region emphasizes the construction of national data hubs and energy transition, with Beijing leading in data management and resource centers [4][29]. - The East and South China regions leverage their advantages in low-altitude economy and water transport, focusing on low-altitude infrastructure and smart upgrades of water transport systems [4][35]. Group 3: Policy Support for New Infrastructure in 2026 - Fiscal policies have increased support for new infrastructure through policy financial tools, with the China Development Bank allocating 98.02 billion yuan to digital economy and AI projects [5][43]. - Monetary policies have introduced tools like technology innovation loans to support new infrastructure, with green loans and infrastructure upgrade loans growing at rates of 17.5%, 25.1%, and 22.3% respectively by the third quarter of 2025 [6][49]. - Regulatory measures will optimize spatial layouts, control hidden debts, and prevent redundant construction, aiming to enhance the overall effectiveness of new infrastructure development [6][52].

Group 1: New Infrastructure Development - The "14th Five-Year Plan" emphasizes "moderate advance" in new infrastructure, focusing on information communication networks and integrated computing networks[2] - New infrastructure has expanded significantly, covering communication networks, data, and computing fields, driven by economic digital transformation[11] - From 2019 to November 2025, investment in electricity, internet software, and logistics has increased by 10.4%, 5.0%, and 4.1% respectively, highlighting the core investment attributes of new infrastructure[13] Group 2: Regional Strategies - Local governments focus on integrating infrastructure and enhancing traditional infrastructure's digital transformation, with 28 regions proposing smart upgrades[3] - The North China region emphasizes the construction of national data hubs and energy transition, with Beijing leading in data management and resource centers[22] - Eastern and Southern regions prioritize low-altitude infrastructure and smart upgrades in water transport, with Guangdong promoting comprehensive low-altitude flight infrastructure[24] Group 3: Policy Support for New Infrastructure - Fiscal policies have increased support for new infrastructure through policy financial tools, with 980.2 billion yuan allocated for digital economy and AI projects in 2025[5] - Monetary policy tools like technology innovation loans have been expanded to support new infrastructure, with green loans growing at rates of 17.5% and 25.1% for infrastructure upgrades[40] - Regulatory measures will optimize spatial layouts and control hidden debts to prevent redundant construction and "involution" competition[42]

Group 1: New Infrastructure Development - The "14th Five-Year Plan" emphasizes "moderate advance" in new infrastructure, focusing on information communication networks and integrated computing networks[3] - New infrastructure has expanded significantly, covering communication networks, data, and computing fields, driven by economic digital transformation[3][16] - From 2019 to November 2025, investment in electricity, internet software, and logistics has increased by 10.4%, 5.0%, and 4.1% respectively, indicating the core investment attributes of new infrastructure[4][19] Group 2: Regional Development Strategies - Local governments focus on integrating infrastructure and enhancing traditional infrastructure's digital transformation, with 28 regions proposing smart upgrades[5][21] - In North China, the focus is on national data hub construction and energy transition, with Beijing leading in data management and resource centers[29] - Eastern and Southern regions prioritize low-altitude infrastructure and smart water transport upgrades, leveraging their geographical advantages[32][33] Group 3: Policy Support for New Infrastructure - Fiscal policies have increased support for new infrastructure, with policy-based financial tools allocating 98.02 billion yuan to digital economy and AI projects in 2025[7][40] - Monetary policy tools like technology innovation loans have been expanded to support new infrastructure, with green loans growing at 17.5% and infrastructure loans at 25.1% as of Q3 2025[49] - Regulatory measures will optimize spatial layouts and control hidden debts, preventing redundant construction and "involution" competition[51]

Core Viewpoint - The National Bureau of Statistics has released implementation opinions aimed at strengthening data technology innovation, focusing on building a robust infrastructure for data technology innovation [1] Group 1: Infrastructure Development - Accelerating the construction of a national integrated computing power network to support data technology research and verification [1] - Promoting the pooling and intelligent scheduling of diverse computing resources for easier access and utilization [1] Group 2: Data Utilization and Security - Enhancing the infrastructure for data circulation and utilization, including the establishment of a data security protection platform [1] - Facilitating the trustworthy circulation and efficient use of data resources across regions, fields, and entities while ensuring data security [1] Group 3: Support for Innovation - Building prototype verification platforms and experimental fields focused on the frontiers of data technology to provide foundational support for new technologies, models, and applications [1]

Economic Outlook - The difficulty of achieving the annual economic growth target has decreased, reducing the necessity for macro policy intensification within the year[1] - Expanding domestic demand remains crucial for stabilizing the economy, with service consumption expected to be a core driver of consumption growth[1] Consumption Trends - In October, the weighted year-on-year growth rate of investment, retail, and exports was -4.29%, indicating a decline in demand momentum[10] - Retail sales growth continued to weaken, with a year-on-year increase of 2.9% in October, down 0.1 percentage points from the previous month[13] - Service consumption is outpacing goods consumption, with education, culture, and entertainment services growing by 10.4% and transportation and communication services by 7.73% in September[22] Investment Insights - Fixed asset investment showed a cumulative year-on-year decline of 1.7% from January to October, with real estate investment down by 14.7%[25] - Infrastructure investment has turned negative for the first time this year, with a cumulative year-on-year decline of 0.1%[25] - New infrastructure investment opportunities are highlighted, particularly in information communication networks and major technological infrastructure[26] Policy Recommendations - The central bank is expected to maintain a loose monetary policy to support credit growth for the upcoming year[35] - Policies should focus on stabilizing the real estate market to facilitate a smooth industry transition, which is critical for short-term economic growth[34]

Core Viewpoint - The development of new-type infrastructure is essential for achieving significant breakthroughs in the new quality productivity during the "15th Five-Year Plan" period, as highlighted in the Central Committee's suggestions for national economic and social development [1][2][5]. Infrastructure Development - The "14th Five-Year Plan" emphasized accelerating the construction of new-type infrastructure, while the "15th Five-Year Plan" suggests "moderately ahead" construction to align with the urgent needs of economic transformation and upgraded growth momentum [2][6]. - The focus is on building emerging pillar industries and accelerating the development of strategic emerging industry clusters such as new energy and low-altitude economy, which rely heavily on new-type infrastructure like computing power and communication networks [2][8]. Strategic Planning - The "15th Five-Year Plan" aims to create a modern infrastructure system, promoting the efficient utilization of information communication networks, integrated computing power networks, and major scientific and technological infrastructures [5][10]. - The government emphasizes the need for a balanced approach in infrastructure investment, ensuring alignment with industry demands and technological trends while avoiding blind expansion and resource waste [11]. Economic Integration - The integration of technology, industry, and economy is crucial, with new-type infrastructure expected to support technological innovation and enable digital transformation across various sectors [9][10]. - The suggestions outline four key tasks: optimizing traditional industries, nurturing emerging industries, promoting high-quality service development, and constructing a modern infrastructure system [9]. Future Outlook - The focus on "moderately ahead" infrastructure construction is seen as a way to gain a competitive edge in global technology and to guide the transformation of traditional industries, enhancing the resilience of industrial chains [8][10]. - The government aims to ensure that advanced manufacturing and modern service industries can achieve high-quality development in a supportive hardware environment, ultimately contributing to the realization of socialist modernization by 2035 [10].