The Central Economic Work Conference proposed to cultivate future industries. The future industry has the activity of innovation, the progressiveness nature of technology, the leading nature of industrial development, and the universality of application fields. Developing the future industry is a strategic choice for all countries to seize the new opportunities of scientific and technological revolution and industrial reform, and is also becoming a realistic need for all countries to seize the commanding heights of international competition and future development. Focusing on the overall situation, building advantages, cultivating and strengthening future industries is not only a development issue, but also a survival issue. We need to establish a vision for the future and think and plan it in the context of the strategic global rejuvenation of the Chinese nation and the unprecedented changes in the world. On the one hand, future industries will be driven by cutting-edge technologies, which can expand the boundaries of production technology possibilities, change traditional technological and economic paradigms, promote leading changes in factor driven, industrial growth, industrial structure, industrial innovation, industrial layout, industrial organization, and industrial security, and have broader and more profound impacts, playing an important supporting role in the development of forging industry as a new growth pole and the construction of a modern industrial system. On the other hand, the future industry highly relies on basic research and original innovation, with high-tech, high-efficiency, and high-quality characteristics, representing the development direction of technology and industry, and can significantly improve total factor productivity. It is the main battlefield for cultivating and developing new quality productivity. Only by establishing a long-term mechanism conducive to the future development of industries, further strengthening the basic research work from 0 to 1, and forming an innovative integration effect of "1+1gt; 2", can we provide abundant momentum for the development of new quality productivity. Developing future industries is an inevitable choice to cope with changes in the domestic and international economic environment. The future industry is based on major technological breakthroughs and significant development needs, and its growth will profoundly change the underlying technological logic of the industrial system, enhance the level of industrial upgrading, and promote China's industry to move towards the middle and high end of the global value chain. Unlike other traditional industries, future industries have strategic importance and growth uncertainty characteristics, and their development is a slow variable. However, in the long run, the development of future industries can form leading and pillar industries that can drive and lead the overall economic and social development. Currently, the adverse effects of external environmental changes are deepening, and the domestic economy is facing difficulties and challenges such as insufficient demand. Developing future industries will help promote economic structural adjustment and sustained growth, cultivate new driving forces and advantages for development, and further enhance competitiveness, development capacity, and sustainability. Understanding the laws and grasping methods: The future development of industries has its inherent laws, and it is necessary to adhere to overall planning, classification guidance, and openness and inclusiveness, comprehensively grasp the basic laws of cutting-edge technological innovation and emerging industry growth, and expand broad development space for future industries. Adhere to overall planning. The content of future industrial development is multifaceted, facing the situation of "falling behind if you don't advance, and falling behind if you advance slowly". It is necessary to comprehensively consider various factors such as development and security, domestic and international, etc., determine the direction of industrial development, focus on key areas and cutting-edge areas of technological development, clarify stage goals and evaluation mechanisms, implement full cycle tracking and effectiveness mechanisms, use zero based budgeting to increase investment to cope with high costs, immature technology and other early development problems, fully utilize various policy tools such as government procurement, asset management, finance and finance to effectively gather social resources, support enterprises in research and development, achievement transformation, enterprise incubation, form a virtuous cycle of technology finance industry, and continuously open up new fields and tracks. Adhere to classification guidance. Most future industries are currently in their infancy or early stages of industrialization, with characteristics such as great potential and complex and diverse technological paths. The practical foundations and evolutionary trends of development in different fields are different, and the entry points and driving forces for development in different regions are also different. To this end, it is necessary to fully consider the development reality and resource endowment of different regions and industries, scientifically grasp the characteristics of industrial differentiation and phased development, design key investment links for different industries, encourage regions with conditions to make breakthroughs, classify and implement precise policies, grasp timeliness, and systematically and step by step promote different industries to seek development independently. Adhere to openness and inclusiveness. The future development of industries has the characteristics of high innovation costs and risks. Many technological innovations are difficult to achieve breakthroughs through individual efforts. The improvement of competitiveness increasingly depends on the integrity and openness of the industrial chain ecosystem, requiring cross subject, cross domain, cross departmental, and cross national cooperation. To develop future industries, it is necessary to highlight unique advantages in self investment, strengthen cross enterprise resource integration, efficiently utilize the assets and technological strength of all participants to enhance overall strength, accelerate the construction of a complete industrial chain ecosystem, and expand multilateral and bilateral international scientific and technological cooperation channels, break down information barriers, improve innovation efficiency, reduce innovation risks, promote the transformation of innovation achievements, and enhance international discourse power and influence. Actively exploring long-term mechanisms is a process that requires long-term exploration and innovation, as future industry incubation has high uncertainty, development has high growth potential, and technology has multi route iteration. To develop future industries, it is necessary to do a good job in top-level design and strategic layout, coordinate the promotion of technological innovation and industrial cultivation, clarify "what to invest", "who to invest" and "how to invest", increase support, improve policy accuracy, and build a long-term mechanism to support the development of future industries. One is to clarify what to invest in. As the focal point of global technology industry competition, major countries around the world are accelerating their layout and seizing new tracks in future industry related fields. China has currently formed a competitive advantage in areas such as new energy and new materials. In the future, it will establish a mechanism for predicting, discovering, evaluating, and warning disruptive and cutting-edge technologies in key core areas that are related to overall development and national security. At the same time, fully considering the affordability, feasibility, and practicality of technological applications, while effectively balancing economic benefits and safety needs, highlighting China's characteristics and the characteristics of the economic development era, we should better grasp the strategic focus, priority order, main direction, and working mechanism of future industries, target the key development areas of industry technology, optimize the allocation of various resources such as technology, human resources, financial resources, and facilities, and lay out the strategic direction of future industries in several important fields in the long term, and win strategic initiative. The second is to clarify who will invest. The development of future industries not only requires interdepartmental collaboration, but also continuous investment of social capital. Therefore, the importance of government departments, large enterprises, and large scientific facilities is becoming increasingly prominent. China has the advantage of a super large market and the most complete industrial system in the world. We need to focus on promoting a better combination of an effective market and a capable government, strengthen resource optimization and allocation, coordinate more market investment entities, coordinate more factor resources, gather more professional forces, promote the incubation and maturity of technology and the continuous expansion of market demand, and create a "resource coordination coordinated linkage policy optimization" system. Thirdly, we need to clarify "how to invest". The future development of industries has the ability to trigger continuous changes in technological paradigms, market demand, infrastructure, competitive patterns, organizational structures, etc., especially when new technologies and industries enter a rapid development stage, their leading and disruptive changes in production methods are particularly evident. In this regard, it is necessary to select key areas, key links, and key regions through strategic planning and policy coordination based on future market size, technology life cycle, technology complexity, product and technology penetration, scientifically set the timetable, roadmap, and construction drawings for future industrial development, continuously promote the close coupling of technology, market, and policy with precise and high-quality policy supply, increase investment in innovative infrastructure, improve construction level, promote technological revolutionary breakthroughs, innovative allocation of production factors, deep transformation and upgrading of industries, and lead the high-quality development of industries. (Author; Zhang Yuzhe, Researcher at the Institute of Industrial Economics and Technological Economics, China Academy of Macroeconomics (Xinhua News Agency)