Cathay Pacific Haitong: Eight departments strengthen comprehensive policy support to ensure that manufacturing AI is expected to usher in a period of accelerated development

The Zhitong Finance App learned that Cathay Pacific Haitong released a research report saying that on January 7, eight departments issued the “Implementation Opinions on the “Artificial Intelligence+Manufacturing” Special Action, focusing on technology supply and industrial application, and proposed strengthening policy support and guarantees to accelerate the promotion of “intelligent industrialization” and “industrial intelligence.” The bank believes that the eight departments will strengthen comprehensive policy support and guarantees to promote development at both ends of “intelligent industrialization” and “industrial intelligence,” and that manufacturing AI is expected to usher in a period of accelerated development. It is recommended to pay active attention to AI applications such as intelligent manufacturing and domestic computing power.

Cathay Pacific Haitong's main views are as follows:

Incidents

On January 7, 8 departments of the Ministry of Industry and Information Technology, the Central Network Information Office, the National Development and Reform Commission, the Ministry of Education, the Ministry of Commerce, the State Council's State-owned Assets Administration Commission, the General Administration of Market Supervision, and the National Data Administration jointly issued the “Implementation Opinions on the “Artificial Intelligence+Manufacturing” Special Action. One end focuses on technology supply to promote “intelligent industrialization”, and the other end focuses on enabling applications to accelerate “industrial intelligence”, promote the deep integration of artificial intelligence technology innovation and industrial innovation, “two-way empowerment” of artificial intelligence technology and manufacturing applications, accelerate the intelligent, green, and integrated development of the manufacturing industry, and strongly support the construction of a manufacturing power, a network power, and a digital China.

By 2027, the goal is to achieve a stable position in the world in terms of scale and level of empowerment of the industry

The document suggests that by 2027, China will achieve safe and reliable supply of key core technologies for artificial intelligence, and the scale and level of empowerment of the industry will steadily rank among the highest in the world. Promote the in-depth application of 3-5 general models in the manufacturing industry, form characteristic and full-coverage industry models, create high-quality data sets in 100 industrial fields, and promote 500 typical application scenarios. Cultivate 2-3 ecologically leading enterprises with global influence and a group of specialized and new small and medium-sized enterprises, build a group of empowered application service providers that “understand intelligence and are familiar with the industry”, and select 1,000 benchmark enterprises.

Expand and promote key scenarios in key industries and accelerate intelligent upgrades

The document calls for speeding up application empowerment in key industries, including key industries related to manufacturing such as raw materials, equipment manufacturing, consumer goods, electronic information, software and information technology services; speeding up the promotion and application of benchmarking solutions and experience; accelerating the transformation and upgrading of the whole process, deepening the gradient cultivation of smart factories, promoting the deep integration of large model technology into the core process of manufacturing, transforming the entire process of R&D and design (including industrial design), manufacturing, marketing services, operation management, etc., to enhance capabilities such as auxiliary design, simulation model construction, scheduling, and predictive maintenance of equipment.

Strengthen policy support and guarantee, and build an empowering main force

The document proposes to encourage relevant localities to give enterprises support such as “computing power vouchers” and “model vouchers,” strengthen public services to empower small and medium-sized enterprises, and reduce enterprise development and application costs. In addition, establish a work promotion mechanism for departmental cooperation, central-local linkage, and industrial collaboration to encourage local authorities to formulate policies and measures according to local conditions, guide enterprises to develop in a dislocated position, and prevent “internal rolling” competition in the industry. Coordinate existing funding channels and arrange to support technology research and development and enabling application tasks related to “artificial intelligence+manufacturing”. Play the role of the National Artificial Intelligence Industry Investment Fund, enrich reserves of high-quality projects, and attract and drive more social capital to increase investment in an orderly manner. The bank believes that the eight departments will strengthen comprehensive policy support and guarantees to promote development at both ends of “intelligent industrialization” and “industrial intelligence,” and that manufacturing AI is expected to usher in a period of accelerated development. It is recommended to pay active attention to AI applications such as intelligent manufacturing and domestic computing power.

Risk Alerts

Policy progress fell short of expectations; technology iteration and industry application fell short of expectations; industry competition intensified.