China's SASAC: State firms to expand emerging industries, move up value chain
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On September 20, the State-owned Assets Supervision and Administration Commission (SASAC) of China's State Council held a special meeting. The meeting emphasized that central state-owned enterprises should focus on key areas and critical links, striving for 'advanced' capabilities. The commission called for improving the innovation, competitiveness, and overall strength of the manufacturing sector. Specific directives include undertaking a new batch of major national science and technology projects, implementing a series of landmark scientific tasks, and building new pilot testing platforms to achieve a more independent and high-end technology roadmap. In terms of industrial structure, the SASAC urged expanding the scale of emerging industries, cultivating variables for future industries, and optimizing the stock of traditional industries, thereby continuously moving towards the mid-to-high end of the industrial and value chains. Regarding production methods, the commission stressed the need to balance pollution reduction and carbon emission cuts with quality and efficiency improvements, accelerating the formation of an industrial structure and production model with high technological content, low resource consumption, and minimal environmental pollution.
Source report
September 21 (Jin10 Data) – On September 20, the Party Committee of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council held a special meeting.
The meeting emphasized that state-owned enterprises (SOEs) and central enterprises should focus on key areas and critical links, placing particular emphasis on the word "advanced" to continuously enhance the innovation capacity, competitiveness, and overall strength of the manufacturing sector.
Key priorities outlined at the meeting include:
- Technological advancement: Undertake a new set of national major science and technology projects systematically, implement a series of landmark major scientific and technological tasks, and promote the construction of new pilot-scale experimental platforms to achieve a more high-end and independent technological roadmap.
- Industrial structure advancement: Expand the increment of emerging industries, cultivate variables in future industries, and optimize the stock of traditional industries, steadily moving toward the mid-to-high end of the industrial and value chains.
- Production method advancement: Promote the mutual reinforcement of pollution and carbon reduction with quality and efficiency improvement, accelerating the formation of an industrial structure and production model characterized by high technological content, low resource consumption, and minimal environmental pollution.
(Source: SASAC)
Source
金十数据Eastern
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China’s SASAC orders state firms to expand emerging industries and accelerate AI in manufacturing