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The National Development and Reform Commission (NDRC) has issued a directive emphasizing the urgent need to accelerate the construction of a modern industrial system that integrates technological and industrial innovation. This system aims to foster new productive forces, transform traditional industries, and reinforce the development of emerging industries. A key component of this plan is the deep implementation of the 'AI+' initiative, which involves integrating artificial intelligence across various sectors. To support innovative enterprises, the NDRC will establish venture capital guidance funds dedicated to fostering cutting-edge technologies. Furthermore, the plan coordinates the roles of the market and government to eliminate outdated production capacity and promote high-end supply, ultimately breaking the cycle of 'involutionary' competition.
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