Recently, the Ministry of Industry and Information Technology and the Ministry of Finance jointly issued the "Action Plan for Stable Growth of Electronic Information Manufacturing Industry from 2023 to 2024" (hereinafter referred to as the "Action Plan"). The Action Plan proposes that from 2023 to 2024, the average growth rate of added value in the computer, communication, and other electronic equipment manufacturing industry will be around 5%, and the operating revenue of enterprises above the designated size in the electronic information manufacturing industry will exceed 24 trillion yuan. In 2024, the proportion of 5G mobile phone shipments in China's mobile phone market exceeded 85%, the market share of 75 inch and above color televisions exceeded 25%, and the production of solar cells exceeded 450 gigawatts. The supply capacity of high-end products further improved, and new growth points continued to emerge; The industrial structure continues to be optimized, and the construction of industrial clusters continues to be promoted, forming a good situation of interconnected development and collaborative promotion between upstream and downstream. The Action Plan clearly states that we will firmly implement the strategy of expanding domestic demand and stimulating market potential. One is to promote the upgrading of consumption in traditional fields, relying on technological and product form innovation to boost traditional electronic consumption such as mobile phones, computers, and televisions; Promote the high-end upgrade of mobile phone brands, cultivate and strengthen the foldable screen mobile phone industry ecosystem; Using intelligent and information-based methods to serve the needs of national sports and fitness, and promoting typical cases of intelligent sports; We will guide and standardize the development of the smart health and elderly care industry, release a catalog of smart health and elderly care products and services for promotion, and carry out pilot applications and demonstrations. The second is to cultivate and expand new growth points, and promote innovative development in fields such as virtual reality, audio-visual industry, advanced computing, Beidou applications, new displays, and intelligent photovoltaics. The Action Plan proposes to increase investment and transformation efforts, and promote high-end, green, and intelligent development. Firstly, we will orderly promote the construction of major projects in key areas such as integrated circuits, new displays, communication equipment, intelligent hardware, and lithium-ion batteries. The second is to promote industry countercyclical upgrading and transformation, and encourage enterprises to carry out countercyclical investment; Support enterprises to increase their efforts in technological transformation and upgrading of production lines, eliminate outdated production capacity in accordance with laws and regulations, and increase the proportion of mid to high-end products. The third is to promote green manufacturing and intelligent upgrading, encourage the construction of green factories in the electronic information manufacturing industry, and promote the intelligent transformation and upgrading of the photovoltaic and LED industries. The Action Plan clearly states that it is necessary to stabilize the basic situation of foreign trade and enhance the level of industry openness and cooperation. On the one hand, stabilizing the export market, guiding the electronic complete machine industry to optimize the export product structure, continuously promoting export enterprises to carry out cross-border e-commerce business, and assisting enterprises in fully utilizing export tax rebate policies. On the other hand, actively carry out international exchange and cooperation, encourage foreign enterprises to expand investment in the field of electronic information in China, and establish regular exchange and cooperation mechanisms with relevant countries (regions) in areas such as integrated circuits, new displays, smart health elderly care, ultra-high definition video, and Beidou applications. The Action Plan emphasizes the deepening of supply side structural reform and the improvement of industry supply level. One is to enhance the level of innovative development. Strengthen forward-looking industrial layout such as Micro LED and printing display; Targeting key areas such as personal computing, new displays, VR/AR, 5G communication, and intelligent connected vehicles, we will promote technological breakthroughs in electronic materials, electronic specialized equipment, and electronic measuring instruments, research and establish an innovative public service platform for the electronic materials industry, and leverage integrated electronics to achieve better results