State-Owned Assets Supervision and Administration Commission Urges Focus of Capital on Strategic Emerging Industries

On July 10, the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council held a special meeting, emphasizing the need to accelerate breakthroughs in key core technologies, enhance the construction of innovation platforms, strengthen the supply of common technologies, and further advance basic research. The meeting underscored the importance of achieving high-level scientific and technological self-reliance and self-strengthening.

The Commission called for strategic planning and the enhancement of policy support from investors to promote the accelerated concentration of state-owned capital in forward-looking strategic emerging industries. It also highlighted the need to expedite the development of strategic and future industries by prioritizing major projects, application scenarios, and the construction of new infrastructure to reinforce the foundation of national strategic security.