证券研究报告 行业研究｜电子 2025 年 09 月 02 日 电子："人工智能+"政策解读，新质生产力发展 路径清晰 [Table_Author] 王竞萱 分析师 Email:wangjingxuan1@lczq.com 证书:S1320525020001 投资要点： 2025 年 8 月 26 日，国务院印发《国务院关于深入实施"人工智能+"行 动的意见》（下称《意见》），明确指出实施"人工智能+"行动的总体要求 和重点方向。其核心意义在于推动中国数字经济从连接赋能向智能驱动实 现质的跃升，此次《意见》的提出更加明确了人工智能作为新质生产力的 核心引擎作用，擘画了国家生产力范式重构的具体举措。 《意见》提出了 2027/2030/2035 三阶段发展目标，形成了清晰化的发展 路径，高度契合全球环境与国家需要。从阶段目标规划来看此次《意见》 战略地位极高，既是承接"十四五"规划和人工智能发展规划，又符合社 会主义现代化建设要求和数字中国建设愿景。 《意见》中提出了要加快实施的六方面重点行动，主要指向人工智能应用 领域，提出了促进生产力革命性跃迁和生产关系深层次变革的具体举措。 涵盖 to B/to C/to ...

Core Viewpoint - The article highlights the emergence and capabilities of AI Agents, particularly focusing on OpenAI's ChatGPT Agent, which integrates various technologies to perform complex tasks autonomously and enhance user experience across multiple domains [1][4][6]. Group 1: AI Agent Capabilities - ChatGPT Agent can autonomously select appropriate tools from its skill library to complete complex tasks, showcasing its ability to perform multi-step operations and break traditional Q&A limitations [1]. - The system can provide tailored recommendations, such as wedding attire and travel plans, within minutes, demonstrating its efficiency and versatility [1]. - It features a flexible architecture that allows for task processing through a virtual computer, enabling seamless switching between reasoning and execution [1]. Group 2: Industry Developments - The competitive landscape for AI models is intensifying, with companies like DeepSeek, OpenAI, Anthropic, and Google rapidly iterating their technologies [2][3]. - Major investments in AI, such as Meta's $15 billion investment in Scale AI, indicate a strong commitment to advancing AI capabilities and infrastructure [3]. Group 3: Application Areas - AI Agents are making significant strides in programming, design, and audio-video creation, enhancing productivity and quality through automation and intelligent assistance [4]. - The design sector is seeing innovations like Lovart, which automates the entire design process from concept to delivery, while AI Agents in video creation streamline workflows for creators [4]. Group 4: Market Potential - The global market for AI Agents is projected to reach $47.1 billion by 2030, with a compound annual growth rate of 44.8%, indicating substantial growth opportunities across various sectors [7]. - The release of ChatGPT Agent is expected to accelerate market development as technology matures and applications expand [7]. Group 5: Business Models - Current business models for AI Agents are still evolving, with subscription and token payment systems in place, but challenges remain in establishing core competitive advantages and resolving multi-agent collaboration issues [8]. - The potential for AI Agents to penetrate everyday life hinges on the development of standout applications, with domestic AI firms poised to deliver innovative solutions [8].