A Chinese policy article says the rise of the “new three” industries—new-energy vehicles, lithium batteries, and solar products—and the emerging “new new three”—robots, artificial intelligence, and innovative drugs—shows that technological breakthroughs, deeper application scenarios, new factor inputs, and targeted policy support are key to rapid industrial growth.
The article calls for more focused government support, replacing scattered subsidies with targeted assistance for priority industries. It also urges a shift from imitation and incremental improvements toward original and disruptive innovation, while expanding real-world applications in factories, business services, and public services.
For investment and business development, the article advocates greater government leadership and long-term investment, as well as cultivating companies of different sizes rather than focusing exclusively on industry leaders. It also calls for a more coordinated and flexible regulatory system, including stronger cross-departmental and cross-regional cooperation and more “inclusive and prudent” regulation of emerging industries.
Source: People’s Daily, August 25, 2026
http://finance.people.com.cn/BIG5/n1/2026/0825/c1004-40785486.html