The value-added output of high-tech manufacturing above the designated size increased by 9.5% year-on-year, the value-added output of digital product manufacturing above the designated size grew by 9.9% year-on-year, and the output value of green factories at the national level accounted for over 20% of the total manufacturing output value… In the first half of the year, China’s industrial transformation and upgrading accelerated, continuing to shift toward high-end, intelligent, and green development.

The transformation and upgrading of traditional industries is an important part of developing new quality productive forces, essentially involving the synergistic promotion of old and new drivers. It is both self-innovation—promoting technological transformation, equipment renewal, digital transformation, and productivity improvements in traditional industries—and nurturing new growth, driving the application of emerging and future industrial technologies and market cultivation, forming a coordinated development of old and new drivers.

Significant Results from the “Two Major, Two New” Policies

“In the first half of the year, we focused on adjusting the industrial structure and promoting the development of high-end industries.”

Data shows that in the first half of the year, the value-added output of equipment manufacturing above the designated size contributed 3.4 percentage points to the growth of all industries above the designated size, accounting for 35.5% of all industries above the designated size, an increase of 0.9 percentage points from the previous year. The value-added output of high-tech manufacturing above the designated size increased by 9.5% year-on-year, contributing 23.3% to the growth of all industries above the designated size.

This year, various regions have utilized policies such as “Two Major, Two New” to accelerate equipment renewal and technological transformation. In the first half of the year, investment in equipment, tools, and器具购置 increased by 17.3% year-on-year, while investment in consumer goods manufacturing, equipment manufacturing, and industrial technological transformation grew by 12.3%, 6.3%, and 3.6% year-on-year, respectively.

The “Two Major” projects have not only created a favorable environment for industrial development through infrastructure investment but also increased market opportunities for industries such as major equipment, steel, and metallurgy to participate in major project construction. Currently, the list of 800 billion yuan “Two Major” construction projects has been fully issued, with investment growth in key areas such as major transportation infrastructure, the Western Land-Sea New Corridor, and urban underground pipelines, creating better conditions for the transformation of traditional industries and providing significant market opportunities.

At the same time, the incentives from the “Two New” policies have promoted equipment renewal, technological transformation, and related product sales in traditional industries, as well as rapid market growth in related equipment, consumer goods, materials, and other traditional sectors. This year, the scale of ultra-long-term special treasury bonds supporting equipment renewal increased to 200 billion yuan, supporting equipment renewal in areas such as environmental infrastructure and workplace safety.

The trade-in action for consumer goods has stimulated consumption vitality. “This year, the scale of ultra-long-term special treasury bonds supporting trade-ins increased to 300 billion yuan, covering five major categories of consumer goods: automobiles, home appliances, home furnishings, electric bicycles, and mobile phones and other digital products. As of the end of June, trade-ins for these five categories of consumer goods have driven total sales of over 1.6 trillion yuan.”

Deepening Digital and Intelligent Transformation

China Railway Industry, based on the浪潮海岳 Manufacturing Operations Management (MOM) platform, uses “data + algorithms” as dual drivers to create a manufacturing model that integrates the internet, intranet, and IoT, covering the entire chain of R&D, production, operations, and management. This has transformed rough factories into transparent, lean factories, increasing production efficiency by 15%, shortening product delivery cycles by 10%, and reducing overall costs by 5%. “Digital+” empowers traditional manufacturing to transition toward flexibility, collaboration, and service-oriented upgrades.

Traditional industries are a vital part of the national economy and the foundation of the manufacturing sector. With the deepening of digital transformation and the rapid development of artificial intelligence, “Digital+” and “AI+” have become core drivers of traditional industry transformation. The transformation of traditional industries based on digital technology and AI is not merely a technical overlay but a comprehensive value chain reshaping driven by data elements and empowered by intelligent algorithms.

This year, 26 pilot cities were newly designated to carry out the second batch of new technological transformations in manufacturing, and 35 pilot cities were newly supported to implement digital transformation for small and medium-sized enterprises. Transformation plans