Raring to navigate pivotal phase of reform

"This is an epoch-making and landmark meeting. China, like a giant ship, is steadily advancing in a determined direction, bringing opportunities, confidence and mutual benefit to the world. An open China provides a continuous flow of positive energy to the world," Hu said.

"For our quantum enterprise, this signifies that there will be more policy support in the future, which will help promote the research and application of quantum technology. As the comprehensive deepening of reforms progresses, the demand for technological innovation will increase.

"The immense potential of quantum technology in fields such as new material prediction, intelligent data analysis and computational science makes it an important direction for future technological development. This fills us with confidence and anticipation for the future of the industry."

Dong Yu, executive vice-president of the China Institute for Development Planning at Tsinghua University, said the meeting reflects the need for tailored institutional mechanisms to support the distinct characteristics of emerging, future and traditional industries.

"For instance, fostering emerging industries requires mechanisms that support technological and industrial innovation, while sustainable investment mechanisms are essential for nurturing future industries. For traditional industries, the focus is on using standards to support transformation and upgrading," Dong said.

The resolution also called for improving the systems for promoting full integration between the real economy and the digital economy, which has inspired many entrepreneurs.

Pan Yejiang, chairman of Chinese home appliances company Vatti, said, "New industrialization focuses on new concepts, technological innovation and high-quality development, aiming to achieve the integration of digital, intelligent and green aspects in manufacturing."

Pan said Vatti is all set to embrace technological innovation and digital technology to enable intelligent manufacturing in the kitchen appliances industry.

Last year, Vatti invested 1.2 billion yuan in building an appliance, digital and intelligent industrial park in Zhongshan, Guangdong province. The new industrial park will be benchmarked against world-class factories, applying digital technologies to enable data-driven, efficient decision-making and flexible production capabilities, accelerating the company's transition to digitalization and intelligent manufacturing, Vatti said.

Upon completion by the end of this year, the industrial park will have an annual production capacity of 3 million kitchen appliances. This will result in an additional annual output value of 4 billion yuan and an additional annual tax revenue of 140 million yuan, creating thousands of new jobs, the company said.