Zhang Yuzhuo, the Secretary and Director of the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council: Continuously enhancing the core functions of state-owned enterprises and improving their core competitiveness.

The chapter on "Building a modern industrial system and consolidating and strengthening the foundation of the real economy" was deployed in the "Suggestions." During the "14th Five-Year Plan" period, what new ideas do central state-owned enterprises have for optimizing industrial layout? General Secretary Xi Jinping pointed out that when promoting industrial innovation, it is important to firmly grasp the foundation of the real economy, and to persist in promoting the transformation and upgrading of traditional industries while also opening up strategic emerging industries and future industries. In recent years, central state-owned enterprises have deeply studied and implemented the important instructions of General Secretary Xi Jinping and the relevant decision-making arrangements of the Central Committee of the Communist Party of China. They have coordinated efforts in upgrading traditional industries and cultivating emerging industries, implementing special actions such as industrial renewal for central enterprises, future industrial take-off, and "AI +", with investment in emerging industries during the "14th Five-Year Plan" period growing at an average annual rate of over 20%. This has led to the creation of a number of world-class industrial clusters in new-generation information technology, new energy, new materials, and high-end equipment manufacturing sectors, effectively promoting the upgrading and development of key industries. During the "15th Five-Year Plan" period, we will guide central enterprises to further focus on their main responsibilities and core businesses, develop the real economy, and promote continuous transition of the industrial system towards high added value and high technology content. Good leadership and traction roles will be played in building a modern industrial system. Emphasis will be placed on promoting the transformation and upgrading of traditional industries. A new round of digital transformation for central enterprises will be earnestly carried out, and the "AI +" special action will be deepened. This will promote the deep integration of information technologies such as artificial intelligence, big data, cloud computing, 5G, and the Internet of Things with traditional industries in all processes and elements. Continuous technological transformation and large-scale equipment updates will be pushed forward. Implementation of carbon peak plans in key industry areas will be prioritized, resource efficient recycling will be promoted, product iteration and upgrading will be accelerated, high-end product supply will be strengthened, and intelligent, green, and integrated development will be promoted. Emphasis will be placed on cultivating emerging industries and future industries. The renewal and take-off actions will be fully implemented, with a focus on project and scene traction. New tracks with sufficient size, fast growth, and good prospects for the next five years will be identified, and a "tiered cultivation, targeted measures" approach will be adopted. Continued efforts will be made in key areas such as new energy, new energy vehicles, new materials, aerospace, low-altitude economy, active development of platform economy, forward-thinking planning for quantum technology, embodied intelligence, biomanufacturing, green shipping, 6G, and other cutting-edge tracks to ensure the sustainable transformation of enterprise development momentum. Emphasis will be placed on the construction of a specialized and market-oriented industrial investment and financing system. The role of state-owned capital investment and operation companies will be leveraged, and various financial tools such as special funds for the development of strategic emerging industries in central enterprises and various venture capital funds will be used efficiently. Research will be conducted to build an industrial investment and financing system covering the entire chain from seed stage, angel stage, growth stage to mother fund. A scientific, professional, and efficient industrial investment decision-making mechanism will be established, a high-level state-owned capital operation platform will be created, long-term capital, patient capital, and strategic capital for the development of the real economy will be strengthened, and support will be provided for the construction of a modern industrial system.