Recently, the SASAC has repeatedly voiced its voice, clearly demanding greater efforts to lay out forward-looking strategic emerging industries.
Sasac director Zhang Yuzhuo said at the second State-owned Economic Research Summit on the 21st that state-owned enterprises are an important subject and force of Chinese modernization. We will focus on changing from speed-scale development to quality-efficiency development, further intensify efforts to tackle key core technologies, accelerate the optimization and adjustment of the layout of the state-owned economy, actively serve major national strategies, and effectively play the role of the national team of scientific and technological innovation, the leader of industrial development and the main force of security support in building a modern industrial system and building a new development pattern.
When talking about the implementation of a new round of deepening and upgrading the reform of state-owned enterprises, Weng Jieming, deputy director of the State-owned Assets Supervision and Administration Commission and chairman of the State-owned Economic Research Think Tank of China Academy of Social Sciences, said that deepening the reform around strengthening the leading role of industries and better promoting the construction of a modern industrial system.
He said that he will focus on the main industry, vigorously promote strategic restructuring and professional integration in a market-oriented way, increase the layout of strategic emerging industries such as a new generation of information technology, artificial intelligence, integrated circuits, and industrial mother machines, accelerate the realization of autonomy and control in important fields and key nodes, promote the digital, intelligent, and green transformation and upgrading of traditional industries, and lead China’s industrial system to accelerate the high-end of the industrial chain and value chain.
Huang Qunhui, director of the Institute of Economics of the Chinese Academy of Social Sciences, also believes that state-owned enterprises should further focus on major national strategies and optimize investment direction in their development strategies. The layout and structure of state-owned capital should be further optimized around building a new development pattern, especially serving the construction of manufacturing power, quality power, aerospace power, transportation power, network power, digital China and agricultural power.
Huang Qunhui said that state-owned enterprises should effectively enhance the innovation of technological traction and industrial transformation by grasping the new round of technological and industrial revolution trends, and explore diversification in future industries such as brain-like intelligence, quantum information, genetic technology, future network, deep-sea aerospace development, hydrogen energy and energy storage, which is conducive to institutional mechanisms such as cutting-edge technology incubation, diversified capital investment and early market cultivation.
In recent years, the layout of emerging industries of central enterprises has been accelerating. In the past five years, the average annual growth rate of investment in strategic emerging industries has exceeded 20%. The State-owned Assets Supervision and Administration Commission (SASAC) has made it clear that it will strive to achieve 13% of new investment in the manufacturing industry of central enterprises in 2023, and increase the proportion of strategic emerging industries by more than 2 percentage points.
In terms of enhancing scientific and technological innovation, Weng Jieming revealed at the meeting that he will strengthen the main role of scientific and technological innovation, actively create original technology sources, promote the "Demonstration Action of Scientific and Technological Reform" to enrich and expand the scope, enhance the ability of basic research and application, improve the evaluation mechanism of scientific and technological talents, build a practical-oriented scientific and technological innovation work system, improve the input-output level, and strive to achieve more breakthroughs from 0 to 1.
Bai Chongen, president of Tsinghua University School of Economics and Management and vice chairman of the All-China Federation of Industry and Commerce, pointed out that in the process of promoting the realization of high-level self-reliance and self-reliance in science and technology in China, state-owned enterprises need to solve some problems, such as the mismatch between the term of office and the cycle of innovation and research, improve the fault-tolerant mechanism, and enhance the effective transformation of scientific research results.