Lulu, Chief Economist of Dongwu Securities: Focus on technology, policy, and competition, promoting "Suzhou Manufacturing" to go global.

On May 26, Lu Zhe, Chief Economist of Dongwu Securities and Co-Director of the Research Institute, stated at the "Suzhou Made in 2030 Summit" that Suzhou has completed four key leaps from contract manufacturing, manufacturing upgrades, intelligent manufacturing to leading in AI in thirty years, becoming a typical example of China's manufacturing industry transformation and upgrading. Particularly in 2022, leveraging the wave of AI computing power, Suzhou has actively developed in the entire chain including optical modules, high-end PCBs, servers, and has entered the global AI hardware core ranks, with the A-share market value ranking fourth nationwide. Dongwu Securities will continue to leverage its capital and research advantages to help companies seize strategic opportunities and jointly promote Suzhou's intelligent manufacturing to move towards the top of the global value chain. He suggested that in the future, Suzhou should focus on three major dimensions: technology, policy, and competition. On the technology front, it is necessary to consolidate the leading advantages in 1.6T optical modules, liquid cooling, humanoid robots, etc., and focus on nurturing another group of invisible champions and leading enterprises with global influence in hard technology race. On the policy front, actively align with major national strategic deployments such as new industrialization, large-scale equipment updates, and domestication of the intelligent computing center, and transform national strategic potential into local development effectiveness; on the competition front, adhere to the development strategy of "fast half-step," maintain forward-looking layouts, seize opportunities first, and maintain a competitive advantage through continuous iteration, forming a complete innovation ecosystem with "leading enterprises leading, followed by small and medium-sized enterprises, and coordinated research and industry."