Ren Zhongbao, deputy director of the Innovation and High-Technology Development Department of the National Development and Reform Commission, said at a press conference on the 20th that it supports the upgrading of traditional industries and implementing a “basic market.” The deep transformation and upgrading of the industry has spawned new quality productivity. China's traditional manufacturing industry accounts for 80% of the value added of all manufacturing industries, providing “fertile soil” for emerging industries and future industrial development. This is where we have the advantage of developing new quality productivity. In the past, strategic emerging industries such as new energy vehicles, energy saving and environmental protection, and high-end equipment manufacturing all developed on the basis of traditional industries. In the future, we need to upgrade traditional industries with high-tech transformation such as digital intelligence technology and green technology, and drive traditional industries to nurture more new industries, new business formats, and new models through the development of future industries and emerging industries, and become the “basic market” for modernized industrial systems.