The new advantages of high-quality development are accelerating the "new and new" prosperity of China’s economy
CCTV News:When it comes to China’s economy in the third quarter, a key word is used to describe it, and that is "new". Since the beginning of this year, technologies and industries related to "new" have achieved rapid growth.

High-tech industries have strong investment momentum, and the field of new kinetic energy has maintained rapid growth. Statistics from the National Bureau of Statistics show that in the first three quarters, investment in high-tech manufacturing and high-tech service industries increased by 11.3% and 11.8% year-on-year, respectively, which was 8.2 and 8.7 percentage points higher than the growth rate of all fixed assets investment, and continued to promote industrial transformation and upgrading. The added value of aviation, spacecraft and equipment manufacturing in high-tech manufacturing above designated size increased by 18.9% year-on-year, and the growth rate was 14.9 percentage points higher than that of all industries above designated size.

The new consumption format continues to be active and the market vitality is constantly stimulated. In the first three quarters, the online retail sales of physical goods increased by 8.9% year-on-year, accounting for 26.4% of the total retail sales of consumer goods, an increase of 0.7 percentage points over the same period of last year. 1— In August, the operating income of service enterprises in key areas maintained growth. The growth rates of operating income of high-tech service enterprises, science and technology service enterprises and strategic emerging service enterprises above designated size were 10.6%, 11.1% and 8.8% respectively, which were 3.4, 3.9 and 1.6 percentage points higher than those of all service enterprises above designated size.

"New three kinds" is a hot word this year. New energy vehicles, lithium batteries and photovoltaic cells have grown well this year. The first commercial flight was completed by a large domestic plane, and the first large domestic cruise ship made its maiden voyage. The new advantages of high-quality economic development in China are being accelerated.
First-line research: the new track accelerates to the high end of the industrial chain
Optoelectronic industry is a high-tech industry with the first breakthrough in China. During the investigation, the reporter found that nowadays, China’s optoelectronics industry is achieving breakthroughs one by one, and at the same time, the upstream and downstream are accelerating integration, driving the entire industrial chain to continue to be high-end.
In a semiconductor company in Anhui, a brainstorming seminar is going on, and the scientific research teams of enterprises and universities should improve the stability of process quality during the critical period of mass production of new products. And meetings like this come almost every two months.

In February this year, this company successfully developed semiconductor materials with completely independent intellectual property rights, and it was officially mass-produced in August.
The person in charge of the enterprise told the reporter that in order to realize the revenue of hundreds of millions of yuan within one year and turn the products into industries, they had already taken out 800 million yuan to build the most advanced production line in China. However, building a production line is only the first level, and the most difficult thing is how to continuously tackle key technical problems and improve product stability.

50 million yuan is a huge investment for a start-up enterprise. Just when the enterprise was at a loss, the local government took out more than 80 million yuan to help the enterprise solve the financial pressure by applying for industrial guidance funds and equipment subsidies, and also arranged commissioners to provide all-round services in various aspects such as enterprise technological innovation and talent support.
Lin Song, Secretary of the Party Working Committee of Jinan Economic Development Zone, Lu ‘an City, Anhui Province, Director of the Management Committee:We are built as a leading enterprise in the semiconductor and electronic information industries. When the leading enterprises grow stronger, they can lead a group of small and medium-sized enterprises to settle in and play the role of extending the chain and mending the chain. At the same time, we also actively assist in attracting investment and selecting business according to the upstream and downstream situation of Gunn Semiconductor, so as to form a complete industrial supporting chain.

At present, with this enterprise as the leader, a semiconductor electronic information industrial park covering an area of 550 mu has been planned locally, and a promotion meeting on electronic information and semiconductors was held in Shenzhen last month.
In the future, auto parts and electronic information will take root in this industrial park, and the industrial chain here will be more perfect.
Go "new" and inspire new vitality for high-quality development.
The key to new fields, new kinetic energy and new advantages lies in the word "new", and innovation is its most powerful support. Since the beginning of this year, what changes have the accelerated cultivation of new kinetic energy brought to China’s economy? What is the room for expansion of new kinetic energy in the future? With these questions, the reporter and Wu Sa, deputy director of the Institute of Economics of China Macroeconomic Research Institute, came to a high-tech enterprise in Beijing.
Coming to this start-up enterprise specializing in server production, a brand-new robot attracted our attention.

Xu Shiyue, Product Solution Manager of Hyperfusion Finance Business Department:This is an intelligent operation and maintenance robot, which can realize the whole process of server from fault detection to back-and-forth transportation to server fault maintenance. In the past, a 10,000-unit data center needed a team of 50 to 60 people to maintain it. Now, with it, only a small team of 5 to 6 people is needed.
Wu Sa, Deputy Director of the Institute of Economics of China Macroeconomic Research Institute:What is the localization rate of such a set of equipment?

Xu Shiyue, Product Solution Manager of Hyperfusion Finance Business Department:At present, the core software algorithm and hardware components of this machine have all been localized.
The person in charge of the enterprise told us that it cost nearly 5 million yuan to buy this robot, which is not a small investment for a two-year-old enterprise, but the use of new technology not only greatly improves their production efficiency, but also ensures the quality of their products. In 2022, they will spend more than 1 billion yuan on innovation and research and development. Here, we can see that the server cabinet newly developed by the enterprise has been put into the market.

Xu Shiyue, Product Solution Manager of Hyperfusion Finance Business Department:This is the liquid-cooled door. There are many liquid-cooled cooling modules and cooling units integrated in the back door of the cabinet. It can take away the heat generated in the cabinet through the circulation of liquid, which can provide better cooling capacity for the cabinet compared with the traditional air-cooled data center.
Wu Sa, Deputy Director of the Institute of Economics of China Macroeconomic Research Institute:Today, we see that we are also forming our own relative comparative advantages in some high-tech innovative fields, and they have independent intellectual property rights.

Relying on innovation, last year, the company’s revenue reached 23 billion yuan, and it achieved profitability after the first year of production.

It’s not just this company. Last year, the investment in R&D in the whole society exceeded 3 trillion yuan for the first time, and the intensity of R&D investment was 0.63 percentage points higher than that ten years ago. Today, China ranks 11th in the global innovation index and has successfully entered the ranks of innovative countries.

Wu Sa, Deputy Director of the Institute of Economics of China Macroeconomic Research Institute:I think our country’s new kinetic energy has realized some gratifying changes and trends from simple processing to innovation source, from a single technology with certain advantages to an integrated advantage of the whole product brand, from just facing a few high-end markets to a mass comprehensive market. New kinetic energy is now showing great vitality, and it will play an increasingly important role as an engine in the process of the country’s transformation and development and the construction of a modern industrial system in the future.