At the press conference of the 2023 World Display Industry Conference held recently, Yang Xudong, Deputy Director of the Electronic Information Department of the Ministry of Industry and Information Technology, stated that China's new display industry has achieved leapfrog achievements, continuously ranked first in the world in terms of industrial scale, and continuously enhanced technological and product innovation, effectively supporting the expansion and strengthening of downstream terminal products, and continuously adding color to the digital life of the people. Data shows that in recent years, despite factors such as sluggish downstream demand and downward industry cycles, China's new display industry has still shown strong industrial resilience and resilience to shocks. In 2022, the industry's output value exceeded 490 billion yuan, accounting for 36% of the global market and continuing to rank first in the world; The output value of display panels exceeds 360 billion yuan, accounting for 48% of the global market; The shipment area of display panels is 160 million square meters, accounting for 68.6% of the global market, with a year-on-year increase of 5 percentage points, firmly occupying the world's first place. Yang Xudong introduced that China's new display industry has gradually established its important position globally, and its technological capabilities have been greatly enhanced. It has become one of the countries with the most diverse display categories, the most active technological innovation, and the richest downstream applications. From the Beijing Winter Olympics, Winter Paralympics to the Chengdu Universiade, numerous new display products have made stunning appearances and gained widespread popularity. The collaborative innovation mechanism of China's new display industry chain is constantly improving. By promoting full chain innovation, accelerating intellectual property layout, and strengthening forward-looking technology research and development, we have continuously improved our own level. We have made significant progress in areas such as ultra-thin, flexible, transparent displays, and 4K/8K ultra high-definition displays, and have successively launched multiple global debut products. The global proportion of display panel patent applications has reached 35%, ranking first in the world. China's new display industry has formed a complete industrial system from the supply end to the application end, with significant achievements in high-end, intelligent, and green development, and deeply integrated into the global industrial chain. In addition to providing high-quality and affordable products to the world, it has also attracted upstream and downstream enterprises from the global industrial chain to invest and build factories in China, deeply participating in China's industrial chain construction, and working closely with domestic enterprises to jointly promote the sustainable and healthy development of the global new display industry Yang Xudong said. In the digital information age, displays are everywhere. The new display is collaborating with various digital technologies to accelerate the expansion of application scenarios. New displays in China are gradually penetrating into fields such as education, healthcare, and smart homes, and display products can be seen in all aspects of production and life. New applications, scenarios, and modes of display are emerging one after another, promoting the development of emerging industries such as the metaverse, virtual reality, and new energy vehicles. The new display industry ecology is also deeply integrated into other industrial ecosystems in society. We will encourage and guide enterprises to increase innovation investment, drive product innovation and industrial upgrading through technological innovation. We will support intellectual property construction and standard formulation, focus on development pain points, difficulties, and obstacles, as well as forward-looking technological fields, and strive to improve the innovation capacity of the entire industry chain. We will make greater efforts to optimize the industrial ecology and strengthen public service support capabilities. We will actively promote deep cooperation between industry, academia, research, and application, and build a system for coordinated industrial development. We will cultivate new types of industries Show the application of a new ecosystem, promote the empowerment of the digital economy to display industrial innovation and development, and continuously enhance the endogenous driving force of industrial development Yang Xudong said. 2023 World Display Industry