Shanghai, August 16 (Xinhua) -- Industrial policies optimize the development environment of industries, guide the allocation of resource elements, create accelerators for the development of emerging industries, smooth the channel for the transformation of innovative achievements into real productivity, and promote the effective improvement of quality and reasonable growth of quantity in industries. This week, both Jiangsu, Zhejiang, and Shanghai have introduced important policies to support industrial development, laying a solid institutional foundation for the continued growth of emerging regional drivers.

·On August 10th, the Shanghai Municipal Commission of Commerce and seven other departments issued the "Shanghai National Service Trade Innovation and Development Demonstration Zone Construction Plan" (hereinafter referred to as the "Plan").

Interpretation:In April 2026, the Ministry of Commerce of China released the "Overall Plan for the Construction of National Service Trade Innovation and Development Demonstration Zones", clarifying that Shanghai is one of the first batch of national service trade innovation and development demonstration zones. The formulation of the 'Plan' is aimed at promoting the high-quality development of Shanghai's service trade and playing a demonstrative and leading role nationwide.

The "Plan" aims to "link the construction of the" Five Centers ", highlight demand driven, reform driven, technology empowered, and open cooperation, promote the expansion, quality improvement, and opening up of service trade". It proposes that by 2027, the scale of service trade in Shanghai will reach 270 billion US dollars, forming a development situation with more optimized trade structure, more concentrated trade entities, more convenient factor flow, and more internationally competitive service brands, playing a demonstrative and leading role in the high-quality development of national service trade; By 2030, the scale of service trade in Shanghai will exceed 300 billion US dollars, striving to build a service trade hub with global influence.

The Plan proposes five key tasks, including promoting the upgrading of the quality of the supply chain in key areas of service trade, promoting innovative development of the supply chain in new forms and models of service trade, cultivating competitive advantages of business entities and carriers, promoting efficient supply of production factors, and advancing high-level opening up to the outside world.

·On August 12th, Zhejiang Province issued the "Several Measures to Promote the Industry University Research Collaboration of Brain Computer Interface" (hereinafter referred to as the "Several Measures").

Interpretation:The "Several Measures" clearly state that it is necessary to focus on the deep integration of technological innovation and industrial innovation in the field of brain computer interfaces, with the construction of major application scenarios such as medical, consumer, and industrial fields as the driving force, and to build an industry university research linkage mechanism for industry co training, resource coordination, risk sharing, and benefit sharing. The policy will be officially implemented from September 10th.

The document proposes a "two-step" development goal for cultivating the brain computer interface industry in Zhejiang: by 2027, the enterprise led industry university research linkage mechanism will effectively operate, the independent innovation capability of the core software and hardware of brain computer interfaces will be greatly improved, more than 5 representative products will be developed and verified first, and the future revenue of the brain computer interface industry will exceed 5 billion yuan; By 2030, the linkage mechanism between industry, academia and research will operate efficiently, and technological innovation and industrial innovation in the field of brain computer interface will be deeply integrated, forming a number of typical application scenarios and commercial application products, cultivating a group of leading technology enterprises, and building a brain computer interface technology and industrial innovation highland with strong international competitiveness.

Specifically, the "Several Measures" have a total of 18 measures, which can be divided into 5 parts: firstly, strengthening the supply of high-quality science and technology, improving the multi-party demand response mechanism, strengthening basic research and key core technology research, and deepening industry university research collaboration; Secondly, smooth the efficient transformation path of achievements, enhance the ability to verify concepts, support clinical research, promote review and approval reforms, and accelerate standard setting; Thirdly, accelerate the promotion and application of products, release a list of application scenarios, optimize product application paths, promote government first purchase orders, and improve a diversified payment system; Fourthly, we need to create a high-level industrial ecosystem, create a highland for technological innovation and coordinated industrial development, increase efforts to cultivate enterprises, support industrialization implementation, strengthen financial support, enhance the recruitment and cultivation of high-level talents, promote international openness and cooperation, and promote safe and orderly development.

·On August 13th, seven departments in Jiangsu Province jointly released the "Three Year Action Plan for High Quality Development of Commercial Aerospace in Jiangsu Province (2026-2028)" (hereinafter referred to as the "Action Plan").

Interpretation:The Action Plan proposes to implement "three major actions" including innovation and upgrading of the industrial chain, construction of diversified scenarios, and cultivation and growth of new driving forces. By 2028, 1-2 provincial-level manufacturing innovation centers will be established, with a significant improvement in pilot testing capabilities; Form around 50 typical commercial aerospace application cases, orderly promote the construction of several satellite constellations, and further deepen the empowerment of artificial intelligence applications; Key enterprises strive to achieve an annual output value of 60 billion yuan, steadily improve their rocket and satellite manufacturing capabilities, and form a number of domestically leading landmark products in the field of ground equipment and application terminals. The scale of satellite services continues to expand.

The three-year plan has made clear arrangements: to promote the development of industrial agglomeration, support key areas in Jiangsu Province to rely on industrial advantages, differentiate the layout of key commercial aerospace industries, and promote the pilot construction of provincial future industrial agglomeration development; Strengthen the coordination between the central and local governments, enhance the integration of commercial aerospace and low altitude economy, artificial intelligence, new generation communication and other industries, strengthen cross industry exchanges and cooperation, and build an integrated development ecosystem.

·On August 14th, the "20 Measures for the Transformation of Jiangsu Achievements" (i.e. the "Implementation Opinions of the Provincial Government Office on Highlighting Market Orientation and Building a High Ground for the Transformation of Scientific and Technological Achievements") were issued.

Interpretation:In recent years, Jiangsu Province has revised the "Regulations on Promoting the Transformation of Scientific and Technological Achievements in Jiangsu Province", established the first regional technology transfer and transformation center for universities in China, and launched innovative measures such as "dual high synergy", making the transformation of scientific and technological achievements at the forefront of the country. The introduction of the "20 Measures for the Transformation of Achievements in Jiangsu" aims to study new situations, solve new problems, break through bottlenecks, and establish a new system for efficient transformation and application of scientific and technological achievements that integrates research and application, laying a solid foundation for the construction of a high-level science and technology strong province. The document contains 20 measures to enhance the supply of high-quality scientific and technological achievements, explore and activate the value of scientific and technological achievements, and strengthen market-oriented technology transfer institutions, along with 22 supporting policies. It is the "construction drawing" for Jiangsu to promote the transformation of scientific and technological achievements in the next five years.

The policy measures are closely related to three aspects: strengthening the front-end concept verification, establishing 50 provincial-level concept verification centers, providing each with a construction fund of 1 million yuan from the provincial finance, supporting verification funds, and professional manager services; Clarify the concept of state-owned assets and enterprises, and demonstrate that research and development investment can be seen as equivalent to profit, in order to stimulate the enthusiasm of state-owned enterprises to participate. Consolidate the pilot capacity in the mid-range, coordinate the layout of the manufacturing pilot platform system, include eligible platforms in the scope of special funding support for strong manufacturing provinces, and enhance the full process verification capabilities of processes, production, and other aspects. Backend strengthening scenario traction, constructing 100 large-scale application scenarios, and orderly opening up scenario resources in areas such as government services, urban governance, livelihood security, and cultural tourism education.

Construction drawings not only fully guarantee the innovation "C-position" of enterprises, but also create better conditions for young people to play the role of innovative and entrepreneurial forces - promoting AI education and entrepreneurship education, building excellent engineering colleges with high quality, promoting reforms such as applying for engineering master's and doctoral degrees based on practical achievements, "three in one" (graduation certificate, degree certificate, engineer title certificate), exploring interdisciplinary joint training between engineering and business, strengthening science and technology entrepreneurship education, and building youth communities, neighborhoods, and youth entrepreneurship ports.

Upon closer reading of the "20 Measures for the Transformation of Achievements in Jiangsu", there are some new ideas that are worth paying attention to, such as promoting the integration and innovation of "data+model+intelligent agent", advocating new paradigms such as "scientific research is entrepreneurship, teaching is research and development", and establishing a collaborative mechanism for "external research and transformation from Jiangsu". In addition, "AI" has appeared multiple times, including formulating policies and measures to support "AI+R&D", actively developing new business models of "AI+incubation", and supporting "AI+intellectual property" enterprises, sending a strong signal to embed AI into the entire chain of achievement transformation.

Editor: Ge Jiaming

(Author Xinhua Finance)