Core Insights - The article highlights the advancements in technology and innovation in Jiangsu, showcasing two significant projects: the deep-sea test ship "Future" and the national major scientific infrastructure for future networks [1][6]. Group 1: Deep-Sea Test Ship "Future" - The "Future" ship is a green intelligent technology test vessel, measuring 110.8 meters in length and with a full load displacement of 7,000 tons, designed for deep-sea operations [1][2]. - It features a modular design that allows for the flexible installation of various equipment, including manned and unmanned submersibles, breaking traditional limitations of test vessels [2][3]. - The ship's moon pool system enables real-time testing of equipment at depths of 1,000 to 3,000 meters, significantly shortening the equipment maturity cycle by allowing simultaneous research and testing [3][4]. Group 2: Future Network Infrastructure - The future network facility in Nanjing has been officially put into operation, featuring over 55,000 kilometers of optical transmission lines connecting hundreds of nodes across 40 cities, forming a nationwide "super nerve network" [4][5]. - The facility demonstrates significant efficiency improvements, such as reducing the data transmission time for the "China Sky Eye" from 699 days to 1.64 hours, and achieving a cross-domain collaborative training efficiency of 98% [4]. - The infrastructure supports advanced applications, including remote surgeries and artificial intelligence, with a computing power exceeding 100,000 P, showcasing Jiangsu's commitment to core technology development [4][5]. Group 3: Overall Technological Advancement - The developments in both projects reflect Jiangsu's dedication to long-term research and innovation, emphasizing the importance of persistence and commitment in achieving technological breakthroughs [5][6]. - The article underscores that technology is not just a distant concept but a tangible force that benefits people's lives and empowers industries, indicating a bright future for Jiangsu's high-quality development [6].

Core Insights - The "Future Network Experimental Facility" has been officially launched, marking a significant advancement in China's information and communication technology, enabling faster and more reliable data transmission for various industries [1][2][4]. Group 1: Project Overview - The facility is designed to address challenges in existing networks, such as scalability, mobility, security, and service quality, particularly in the context of industrial and computational internet [2][3]. - The project was initiated in 2013 and has taken over a decade to complete, culminating in a major technological breakthrough for the nation [2][4]. Group 2: Technical Capabilities - The facility features a "data high-speed rail" network that covers 40 cities with over 5.5 million kilometers of optical transmission, supporting 128 heterogeneous networks and 4096 parallel experiments [3][4]. - It offers deterministic transmission capabilities, maintaining a stable data transfer rate of 50Gbps even under interference, compared to non-deterministic networks that can drop to below 1Gbps [2][3]. Group 3: Applications and Impact - The facility has significantly improved data transfer speeds for scientific research, reducing the time to transfer 72TB of data from 699 days to just 1.6 hours, and potentially to 20 minutes with advanced technology [5][6]. - In the AI sector, it has enabled efficient cross-domain training of large models, reducing iteration times from over 20 seconds to approximately 16 seconds [5][6]. Group 4: Broader Implications - The facility is expected to enhance various sectors, including remote medical imaging, industrial automation, and education, by providing reliable and high-speed network support [6][7]. - It aligns with national strategies such as the "East Data, West Computing" initiative, facilitating intelligent scheduling and collaborative use of computing resources across regions [7][9]. Group 5: Future Prospects - The facility is positioned as an open experimental platform for research institutions and enterprises to test new technologies, fostering innovation and collaboration [7][8]. - It aims to contribute to the construction of a more efficient network infrastructure, supporting the digital transformation of various industries and enhancing the quality of life for citizens [9].

Core Viewpoint - The development of new quality productivity is essential for achieving high-quality growth, driven by technological innovation and industrial transformation [1][2][3]. Group 1: Technological Innovation - The successful conversion of thorium-uranium nuclear fuel in a 2 MW liquid fuel thorium molten salt experimental reactor marks a significant technological advancement for China's future nuclear energy systems [2]. - Major scientific breakthroughs include the "artificial sun" achieving a world record for plasma confinement time and the Chang'e 6 lunar sample research [2]. - The establishment of the Future Network Experimental Facility in Jiangsu, which significantly reduces data transmission time from 699 days to 1.64 hours, enhances the integration of communication technology and industry [6]. Group 2: Industrial Transformation - Xiaomi's automobile factory in Beijing has achieved full automation in production, marking a milestone with the production of its 500,000th vehicle [3]. - Traditional industries are undergoing transformation through digital empowerment, with over 35,000 smart factories established nationwide [3]. - New and emerging industries, such as humanoid robots and commercial aerospace, are rapidly developing, creating new growth points [3]. Group 3: Policy and Reform - The Chinese government is implementing comprehensive reforms to facilitate market-oriented resource allocation, enhancing the flow of advanced production factors towards new quality productivity [8][9]. - A series of policies have been introduced to create a supportive environment for innovation, including the establishment of a national technology trading service platform and support for specialized small and medium-sized enterprises [9]. - The launch of the Hainan Free Trade Port aims to attract global high-end innovation factors, further promoting the development of new quality productivity [9][10]. Group 4: Future Outlook - The focus on technological innovation and the transformation of traditional industries, alongside the development of emerging industries, is expected to accelerate the growth of new quality productivity, shaping new dynamics for China's high-quality economic development [10].

Core Insights - The Future Network Experimental Facility, China's first major national technology infrastructure in the information and communication sector, has officially commenced operations [1] Group 1: Facility Overview - The facility is located in Nanjing, Jiangsu, and was completed in August 2024 [1] - It covers 40 cities nationwide, featuring 88 backbone network nodes and 133 edge network nodes, with a total optical transmission length exceeding 55,000 kilometers [1] - The facility can support 4,096 heterogeneous services for parallel testing and is capable of interconnecting with existing domestic and international networks [1] Group 2: Performance Metrics - The facility enables efficient, high-speed, low-latency, and low-jitter data transmission, with a packet loss rate of only one in a million [1] Group 3: Service and Collaboration - To date, the facility has served major national research institutions such as the National Astronomical Observatory and the Institute of High Energy Physics, as well as telecom operators like China Telecom, China Mobile, China Unicom, and China Broadcasting Network [1] - It has collaborated with universities including Peking University, Nanjing University, Zhejiang University, and the Chinese University of Hong Kong, along with leading companies like Huawei, H3C, and Baidu, completing 120 significant innovation experiments [1] - The experiments cover critical dimensions such as core chips, network operating systems, routing control, security and trust, large-scale networking, and new AI services [1]

我国未来网络试验设施通过验收正式投运 商务部12月4日发布数据显示，2025年1至10月，中法贸易额达687.5亿美元，同比增长4.1%，双向投资稳中有升，投资总额已超270 亿美元。 商务部新闻发言人何亚东表示，在两国元首战略引领之下，中法各领域经贸合作取得丰硕成果，充分发挥了中法关系"压舱石"和"推 进器"的作用。 全球最长单程民航航线12月4日正式通航 12月4日凌晨2时19分，中国东航MU745航班搭载着282名旅客从上海浦东国际机场起飞，经奥克兰最终将到达阿根廷布宜诺斯艾利 斯。这条横跨东西半球与南北半球、航程约2万公里的航线，刷新了全球最长单程航线的纪录，并将中国至南美的航程，缩短4小时 以上。 央视网消息：这两天，我国多领域创新发展取得突破。最新发布的经济数据显示，我国经济保持稳中有进的发展态势。 前十个月中法贸易额达687.5亿美元 12月3日，我国信息通信领域首个国家重大科技基础设施——未来网络试验设施通过国家验收正式投运。该设施突破多项核心技 术，采用全天候运行模式，形成覆盖全国40个城市的先进网络试验环境，具备高可靠及确定性的传输控制能力与高效开放的科研支 撑能力。能够为AI大模型训练提 ...

Report Industry Investment Rating - Not provided in the report Core Viewpoints of the Report - In the context of the mild recovery of the domestic economy and the increasing expectation of global liquidity easing, the policy resonance of the Fed's December interest - rate meeting and the Chinese Central Economic Work Conference will affect the A - share market rhythm in December and lay the foundation for the cross - year market and the investment mainline in 2026. Before the official implementation of the policies of the two meetings, funds may be more cautious, and the stock market is expected to be mainly volatile with funds preferring defensive allocations. After the meeting content is clear, the positive policy signals and the Fed's interest rate cuts may boost market risk appetite again [2] Summary by Relevant Catalogs 1. Stock Index Futures Market - **IF Contracts**: The previous day's closing prices of IF contracts (current month, next month, next quarter, and the quarter after next) were 4530.60, 4512.20, 4492.20, and 4441.60 respectively, with increases of 17.20, 14.20, 15.40, and 12.00 respectively, and increases of 0.38%, 0.32%, 0.34%, and 0.27% respectively. The trading volumes were 63708.00, 3708.00, 20155.00, and 5003.00 respectively, and the open interests were 136475.00, 8471.00, 90771.00, and 26187.00 respectively, with changes of - 5723.00, 505.00, 851.00, and 425.00 respectively [1] - **IH Contracts**: The previous day's closing prices of IH contracts (current month, next month, next quarter, and the quarter after next) were 2968.20, 2959.80, 2958.60, and 2943.80 respectively, with increases of 13.00, 10.00, 10.80, and 10.60 respectively, and increases of 0.44%, 0.34%, 0.37%, and 0.36% respectively. The trading volumes were 27688.00, 1268.00, 8640.00, and 1677.00 respectively, and the open interests were 53262.00, 2694.00, 23841.00, and 7797.00 respectively, with changes of - 2692.00, 228.00, - 354.00, and - 202.00 respectively [1] - **IC Contracts**: The previous day's closing prices of IC contracts (current month, next month, next quarter, and the quarter after next) were 6983.20, 6926.20, 6812.20, and 6605.00 respectively, with increases of 42.00, 37.80, 40.20, and 39.00 respectively, and increases of 0.61%, 0.55%, 0.59%, and 0.59% respectively. The trading volumes were 64721.00, 4034.00, 23747.00, and 7294.00 respectively, and the open interests were 123278.00, 11229.00, 76774.00, and 32908.00 respectively, with changes of - 10513.00, 789.00, 1096.00, and 52.00 respectively [1] - **IM Contracts**: The previous day's closing prices of IM contracts (current month, next month, next quarter, and the quarter after next) were 7213.40, 7137.20, 6987.80, and 6748.20 respectively, with increases of 28.00, 23.20, 26.60, and 27.40 respectively, and increases of 0.39%, 0.33%, 0.38%, and 0.41% respectively. The trading volumes were 116454.00, 7618.00, 35706.00, and 12279.00 respectively, and the open interests were 181088.00, 17229.00, 102333.00, and 56566.00 respectively, with changes of - 11986.00, 1137.00, - 1707.00, and - 1212.00 respectively [1] - **Inter - month Spreads**: The current inter - month spreads of IF (next month - current month), IH (next month - current month), IC (next month - current month), and IM (next month - current month) were - 18.40, - 8.40, - 57.00, and - 76.20 respectively, compared with the previous values of - 16.00, - 6.60, - 56.60, and - 74.20 respectively [1] 2. Stock Index Spot Market - **CSI 300 Index**: The previous value was 4546.57, with an increase of 0.34%. The trading volume was 147.20 billion lots, and the total trading amount was 3487.67 billion yuan [1] - **SSE 50 Index**: The previous value was 2974.34, with an increase of 0.38%. The trading volume was 36.28 billion lots, and the total trading amount was 886.22 billion yuan [1] - **CSI 500 Index**: The previous value was 7012.81, with an increase of 0.24%. The trading volume was 141.04 billion lots, and the total trading amount was 2399.13 billion yuan [1] - **CSI 1000 Index**: The previous value was 7248.66, with an increase of 0.01%. The trading volume was 194.84 billion lots, and the total trading amount was 3113.16 billion yuan [1] - **Industry Indexes**: Among different industries, energy, raw materials, industry, and optional consumption had increases of 0.48%, 0.41%, 0.66%, and 0.25% respectively; main consumption, medical and health, real estate and finance, and information technology had changes of - 0.79%, 0.28%, - 0.08%, and 1.09% respectively; telecommunications and public utilities had changes of 0.94% and - 0.23% respectively [1] 3. Futures - Spot Basis - The previous values of the basis between IF contracts (current month, next month, next quarter, and the quarter after next) and the CSI 300 Index were - 15.97, - 34.37, - 54.37, and - 104.97 respectively, compared with the previous two - day values of - 12.85, - 28.85, - 48.65, and - 97.25 respectively [1] - The previous values of the basis between IH contracts (current month, next month, next quarter, and the quarter after next) and the SSE 50 Index were - 6.14, - 14.54, - 15.74, and - 30.54 respectively, compared with the previous two - day values of - 4.68, - 11.28, - 11.88, and - 26.08 respectively [1] - The previous values of the basis between IC contracts (current month, next month, next quarter, and the quarter after next) and the CSI 500 Index were - 29.61, - 86.61, - 200.61, and - 407.81 respectively, compared with the previous two - day values of - 45.96, - 102.56, - 214.96, and - 423.76 respectively [1] - The previous values of the basis between IM contracts (current month, next month, next quarter, and the quarter after next) and the CSI 1000 Index were - 35.26, - 111.46, - 260.86, and - 500.46 respectively, compared with the previous two - day values of - 52.87, - 127.07, - 280.07, and - 517.27 respectively [1] 4. Other Domestic and Overseas Indexes - **Domestic Indexes**: The previous values of the Shanghai Composite Index, Shenzhen Component Index, Small and Medium - sized Board Index, and ChiNext Index were 3875.79, 13006.72, 7904.33, and 3067.48 respectively, with changes of - 0.06%, 0.40%, 0.26%, and 1.01% respectively [1] - **Overseas Indexes**: The previous values of the Hang Seng Index, Nikkei 225, S&P 500, and DAX Index were 25935.90, 49864.68, 6857.12, and 23899.33 respectively, with changes of 0.68%, 1.14%, 0.87%, and 0.11% respectively [1] 5. Macroeconomic Information - Chinese President Xi Jinping held talks with French President Emmanuel Macron. The two sides emphasized mutual support on core interests and major concerns, exchanged views on the Ukraine crisis, and witnessed the signing of cooperation documents in multiple fields [2] - The China Council for the Promotion of International Trade organized Chinese entrepreneurs to communicate with US - China Business Council and its member enterprises in Washington, and the council's president also attended a seminar with the US Semiconductor Industry Association and its member enterprises to discuss cooperation in the semiconductor field [2] - The Chinese government conducts export control of rare - earth - related items in accordance with laws and regulations, and approves compliant export applications for civilian use in a timely manner. The Chinese side urges Japan to correct its wrong words and deeds on the Taiwan issue [2] - The EU has terminated the lawsuit against China's trade - restriction measures at the WTO. China believes the EU's decision to terminate the lawsuit is correct [2] - More than 15 regions have issued "15th Five - Year Plan" suggestions, with a focus on artificial intelligence and other cutting - edge industries, each with its own layout and development direction [2] 6. Industry Information - The Future Network Test Facility, the first national major scientific and technological infrastructure in the field of information and communication in China, has been officially put into operation, providing open - test support for multiple fields and carrying out demonstration applications in cutting - edge directions [2] - The State Administration for Market Regulation has issued a recommended national standard for food - delivery platforms, aiming to solve problems such as "ghost food - delivery" and promote the healthy development of the food - delivery industry [2] - In November, the number of second - hand housing transactions in first - tier cities reached 49,000, a seven - month high, with a month - on - month increase of 20%. In the first 11 months of this year, the cumulative number of second - hand housing transactions in first - tier cities reached 519,000, a year - on - year increase of about 5% [2] - In December, the supply of new housing is expected to be stable at a low level. The single - month supply of 28 cities is expected to decline by 12% month - on - month and 49% year - on - year, and the annual cumulative supply is expected to decline by 19% year - on - year. However, due to "quality improvement and quantity reduction" in supply and year - end discounts, the new - housing transactions in December are expected to have a pulse - like recovery [2] 7. Stock Index Views - The three major US stock indexes showed mixed performance. The previous trading day, the stock index fluctuated and recovered. The machinery and equipment sector led the gains, while the comprehensive sector led the losses. The market turnover was 1.56 trillion yuan. On December 3, the margin trading balance decreased by 3.713 billion yuan to 2.465189 trillion yuan [2] - In December 2025, the global financial market will face two "policy wind vanes": the Fed's December interest - rate meeting and the Chinese Central Economic Work Conference. Their policy resonance will affect the A - share market rhythm in December and the investment mainline in 2026 [2]

Core Viewpoint - The Future Network Experimental Facility, China's first national major scientific and technological infrastructure in the information and communication sector, has officially been launched and is now operational, marking a significant advancement in the country's network technology innovation and application capabilities [1][4]. Group 1: Project Overview - The Future Network Experimental Facility covers 40 cities nationwide, featuring 88 backbone network nodes and 133 edge network nodes, with a total optical transmission length exceeding 55,000 kilometers [3][5]. - The facility can support 4,096 heterogeneous business parallel experiments and is capable of interconnecting with existing domestic and international networks [3][5]. - Data transmission through the facility is efficient, high-speed, low-latency, and low-jitter, with a packet loss rate of only one in a million [3][5]. Group 2: Development and Achievements - The project was included in the national major scientific and technological infrastructure construction plan in 2013, led by the Jiangsu Future Network Innovation Research Institute in collaboration with Tsinghua University, University of Science and Technology of China, and Shenzhen Institute of Information and Communication [5]. - As of August 2024, the facility has completed 120 major innovative experiments, serving national research institutions, telecom operators, universities, and leading enterprises, with research topics including core chips, network operating systems, routing control, security, large-scale networking, and new AI services [6].

Core Insights - The future network experimental facility, China's first major national scientific infrastructure in the information and communication sector, has passed national acceptance and is officially operational, marking a significant advancement in China's internet capabilities [1][2] Group 1: Facility Overview - The facility features end-to-end determinism, distinguishing it from traditional internet systems, and aims to address various issues that have emerged in the traditional internet landscape [1] - The project was initiated in 2010 and construction began in 2015, with the facility now covering 40 cities nationwide and supporting 4096 parallel experiments [2] Group 2: Technical Achievements - The facility enables efficient, high-speed, low-latency data transmission with a packet loss rate of only one in a million, significantly outperforming traditional internet methods [2] - For instance, transferring 72TB of data via traditional internet would take 699 days, while the future network can accomplish this in just 1.6 hours [2] Group 3: Applications and Impact - The facility supports various sectors, allowing universities, research institutions, and enterprises to conduct theoretical and technical research, having already facilitated 120 innovative experiments during its trial run [3] - It is expected to enhance the quality of economic development by providing a robust platform for innovation and technology transfer, addressing challenges in high-end computing resources [3]

Core Insights - The future network experimental facility in China has successfully completed data migration tests, significantly reducing the time required from 699 days to 1.6 hours for transferring 72TB of astronomical data [1][2] - The facility has been officially accepted by the state, marking a significant advancement in China's capabilities in network technology innovation and application [1][2] - The facility supports a wide range of applications, including AI, and is expected to play a crucial role in the development of China's computing network [5][6] Group 1: Facility Overview - The future network experimental facility covers 40 cities in China, with a total optical transmission length exceeding 55,000 kilometers [2] - It operates 24/7 and can support 128 heterogeneous networks and 4,096 heterogeneous services simultaneously, ensuring high throughput and reliability [2][3] - The facility has demonstrated the ability to provide customized services with guaranteed bandwidth, jitter, and packet loss rates [3] Group 2: Technological Advancements - The project team has developed key technologies, including a service-customized network architecture and the world's first distributed large network operating system [4] - The facility has established 206 international and domestic standards and holds 221 authorized invention patents and 139 software copyrights [4] - It has been instrumental in major national projects, including the "East Data West Computing" initiative [4] Group 3: Applications and Future Directions - The facility serves as an open testing platform for research institutions and enterprises, supporting the development of 5G-A and 6G technologies [5] - It significantly enhances the efficiency of training large AI models, reducing iteration time from several months to just 16 seconds per round [5] - Future applications will focus on various sectors, including industrial manufacturing, energy, education, and healthcare, contributing to the construction of a digital China and a strong network nation [6]

Core Insights - The Future Network Experimental Facility has passed national acceptance and is officially operational, marking a significant advancement in China's network technology innovation and application capabilities [1] - This facility is the first major national scientific infrastructure in the information and communication sector in China, developed over more than a decade with contributions from various prestigious institutions [1][2] - The facility supports a wide range of innovative experiments and has already facilitated over a hundred major projects, significantly enhancing data transmission efficiency and collaborative training capabilities [2][3] Group 1 - The Future Network Experimental Facility covers 40 cities, has hundreds of network nodes, and over 55,000 kilometers of optical transmission lines, enabling thousands of heterogeneous business parallel experiments [2] - It has achieved breakthroughs in key technologies, including the world's first distributed large-scale network operating system and a wide-area deterministic network, placing it at the forefront of global advancements [2] - The facility has drastically reduced data transmission times, exemplified by the "China Sky Eye" project, which cut the data transfer time from 699 days to just 1.64 hours [2] Group 2 - The facility provides a large-scale experimental environment for computing power layout and network architecture decisions, supporting national strategies like "East Data West Computing" [3] - It complements operator networks and is expected to empower various industries, including manufacturing, education, and healthcare [3] - The facility will continue to be open for sharing and will promote the transformation of technological achievements, contributing to the construction of a strong network nation and high-quality economic development [3]