Cathay Pacific Haitong: Implementation of new top-level productivity designs to accelerate the implementation of AI technology in various industries

The Zhitong Finance App learned that Cathay Pacific Haitong released a research report stating that “Opinions on Developing New Quality Productivity” provides systematic support from the dimensions of technological innovation, industry cultivation, scenario application and factor guarantee, which is expected to accelerate the implementation of cutting-edge technologies such as artificial intelligence and promote the deep integration of the digital economy with the real economy. It is recommended to focus on segments such as domestic computing power chips, AIDC, large models and AI applications, industrial software, industrial internet, data elements, etc., as well as cutting-edge technology fields such as physical intelligence, brain-computer interfaces, quantum technology, and commercial aerospace.

Cathay Pacific Haitong's main views are as follows:

Maintain an “Overweight” rating. On October 9, 2026, the Central Committee of the Communist Party of China and the State Council issued “Opinions on Developing New Quality Productivity”, which deployed 19 key initiatives in five areas: scientific and technological innovation, deep integration of scientific and technological innovation, innovation in development methods, innovation in institutional mechanisms, and innovation in talent working mechanisms, and proposed to promote breakthroughs in key core technologies, transformation of scientific and technological achievements, cultivation of emerging and future industries, artificial intelligence empowerment, and digital economy development. The bank believes that the “Opinion” provides systematic support from the dimensions of technological innovation, industry cultivation, scenario application, and factor guarantee, and is expected to accelerate the implementation of cutting-edge technologies such as artificial intelligence and promote the deep integration of the digital economy with the real economy. It is recommended to focus on segments such as domestic computing power chips, AIDC, large models and AI applications, industrial software, industrial internet, data elements, etc., as well as cutting-edge technology fields such as physical intelligence, brain-computer interfaces, quantum technology, and commercial aerospace.

Fully implement the “Artificial Intelligence +” campaign, strengthen the supply of computing power, algorithms, and data, and accelerate the implementation of AI technology in various industries.

The “Opinion” proposes to promote the transformation of artificial intelligence into traditional industries and accelerate the application of next-generation smart terminal scenarios such as intelligent connected new energy vehicles, artificial smartphones and computers, and humanoid robots. Accelerate innovation in digital intelligence technology such as artificial intelligence, break through basic theory and core technology, and strengthen the efficient supply of computing power, algorithms, and data. Adapt to local conditions, lay out national artificial intelligence industry application pilot bases and high-value application scenarios, and vigorously promote the application of artificial intelligence in various industries.

Strategic emerging industries are being cultivated and expanded at an accelerated pace, and future industries such as embedded intelligence, brain-computer interface, and quantum technology have ushered in development opportunities.

The “Opinion” proposes to focus on building an emerging pillar industry. Accelerate the development of strategic emerging industries such as next-generation information technology, new energy, new materials, intelligent connected new energy vehicles, robotics, biomedicine, high-end equipment, and aerospace. Promote the healthy and orderly development of the low-altitude economy and commercial space on the premise of ensuring safety. Forward-looking layout of future industries. Explore diverse technology routes, typical application scenarios, viable business models, and market supervision rules, promote the development of future industries such as quantum technology, biomantry, hydrogen energy and nuclear fusion energy, brain-computer interfaces, embedded intelligence, and sixth-generation mobile communications, and accelerate the formation of a relatively complete industrial ecosystem. Establish a mechanism for future industrial investment growth and risk sharing, make full use of existing fiscal policies to support future industrial development, and guide social capital to continue to increase investment.

The digital economy is deeply integrated with the real economy, and the digital transformation of data elements, the national integrated computing power network, and the manufacturing industry continue to advance.

The “Opinion” proposes optimizing the layout and operation of the national data infrastructure, carrying out in-depth digital transformation actions in the manufacturing industry, implementing projects such as “East Digital and Western Computing”, intelligent manufacturing, and industrial Internet innovation and development, and building a national integrated computing power network and a national blockchain network. Improve the policy system to promote digital industrialization and industrial digitalization, and build an internationally competitive digital industry cluster. Lead the optimization and upgrading of traditional industries by raising national standards, and support enterprises to transform and upgrade traditional industries with digital intelligence technology and green technology. Build an open, shared and secure national integrated data market, improve and transform an efficient technology market, and promote the efficient gathering and smooth flow of various advanced and high-quality production factors.

Risk warning: Policy implementation falls short of expectations; AI commercialization and future industrial development fall short of expectations; increased industry competition; data security risks.