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一 |     Wave of listings highlights new growth engines     Chinese humanoid robot maker Unitree Robotics opened subscriptions for its initial public offering on the Shanghai Stock Exchange's sci-tech innovation board, or STAR Market, on Monday, as the market witnessed a broader economic shift with future industries expected to power the country's next wave of economic growth.     President Xi Jinping, who is also general secretary of the Communist Party of China Central Committee, said in an article published in June in the Qiushi Journal, a flagship magazine of the CPC Central Committee, that cultivating and developing future industries are of great significance for seizing the development initiative, developing new quality productive forces and improving people's quality of life.    Efforts should be made to vigorously foster first-class scientific, technological and high-tech enterprises that excel in core technologies and possess strong innovation capacities, Xi said.    For decades, China's economic expansion was powered largely by traditional industries, infrastructure investment and manufacturing scale. But the next wave of growth is increasingly expected to come from future industries, including embodied intelligence, future energy, quantum technology, brain-computer interfaces and 6G, which have been highlighted as key areas in China's 15th Five-Year Plan (2026-30).    Since leading semiconductor firm ChangXin Memory Technologies debuted on the STAR Market in late July, a number of companies including artificial intelligence chip developer Enflame Technology, semiconductor manufacturer Can-Semi Technology, commercial rocket maker LandSpace and AI chip company Kunlunxin have been moving toward potential listings.    Behind the wave of listings is not just a reshuffle of capital market preferences, but a transformation in the sources of future economic growth.    Hu Yongjun, secretary-general of future industries and platform economy research center under the State Information Center, said: "Developing future industries is a key move in driving industrial transformation and upgrade. Technologies that appear to be in an exploratory stage today could become engines of economic growth over the next decade or more."    He said that future industries will fuel China's economic growth through new trillion-yuan-level industries that will come about as emerging technologies transform into commercial applications, and traditional industries are upgraded by integrating technologies such as AI, digitalization and low-carbon solutions.    "More importantly, future industries are not simply about developing several new products. They could accelerate upgrades across an entire industrial chain, from core components to end-user applications," he said.    A humanoid robot illustrates this ecosystem effect. Behind a single robot are dozens of interconnected sectors, including AI models, chips, sensors, precision reducers, motors, batteries, new materials, industrial software and intelligent manufacturing equipment.    China's electric vehicle industry offers a similar example. Over the past decade, the rise of new energy vehicles has reshaped the global auto industry while driving rapid growth in power batteries, energy storage materials, intelligent driving technologies and automotive chips.    In addition, the Unitree IPO and other upcoming listings represent a broader reallocation of capital toward technologies that may require years of investment before generating large-scale commercial returns.    Xi also stressed efforts to improve fiscal and taxation policies, vigorously develop technology finance, and optimize government procurement and talent cultivation, introduction and utilization to foster a robust environment that encourages innovation.    Tian Xuan, dean of Peking University's Guanghua School of Management, said: "China is transiting from factor-driven growth toward innovation-driven development. Capital is moving beyond its traditional role of financing capacity expansion in mature industries and increasingly taking on the earlier-stage, longer-term uncertainty involved in building future industries."    As of June 2026, the STAR Market had attracted 609 hard technology companies, with total funds raised through IPOs and refinancing exceeding 1.37 trillion yuan ($203 billion). More than 40 listed companies on the market have also entered cutting-edge fields such as quantum technology, 6G and biomanufacturing.    The China Securities Regulatory Commission has also introduced a regular "green channel" mechanism for IPO financing and mergers and acquisitions involving technology companies in strategically important core technology areas.    For instance, Unitree Robotics moved rapidly through the listing process, taking less than four months to go from the application acceptance stage to approval, marking the fastest review under the STAR Market's preliminary review mechanism since its implementation.    "Amid the rapid development of AI, rising geopolitical tensions and a growing emphasis on strategic security, China needs to build a financial system better aligned with the development of new quality productive forces," Tian said.    "This requires expanding the supply of patient capital, improving market structures, enhancing policy predictability and reducing resource misallocation, thereby providing sustained and solid financial support for innovation," he added.                    。    庄妤 本报记者 周莉          　　今年是中国少年先锋队建队75周年。日前，共青团连山区委、连山区少工委以“红领巾爱祖国”为主题，精心组织开展内容丰富、形式多样的系列活动，着力推进完善党团队一体化育人体系，教育引导广大少年儿童努力成长为能够担当民族复兴大任的时代新人。         　　贯彻寄语精神          　　共青团连山区委组织红领巾巡讲团成员和少先队辅导员通过主题队会、队课、队日活动等载体，以中队为主体开展宣讲，面向少先队员宣讲习近平总书记对广大团员青年的希望和要求。白马石九年一贯制学校以中队为单位，集中学习习近平总书记“五四”青年节寄语。学生们明确了未来人生成长方向，立志为实现强国建设、民族复兴伟业接续奋斗。         　　举行入队仪式          　　今年“六一”是第一个集中按照《中国少年先锋队入队仪式仪程规范（试行）》开展仪式教育的重要时间节点，区少工委开展示范性少先队新队员入队仪式。连山世纪小学、新台门镇九年一贯制学校等分别举行入队仪式，稳妥、有序、分批入队，规范入队仪式。实验小学开展队前教育知识闯关赛，帮助少年儿童扣好人生第一粒扣子。少先队员们在丰富多彩的队日活动中，许下共筑童心梦想、携手共向未来的心愿。         　　宣讲党史故事          　　为进一步深化青少年思想政治引领，引导广大青少年听党话、跟党走，加强对青少年的爱国主义教育和革命传统教育，红领巾巡讲团成员深入基层开展小范围、互动式宣讲。兴工小学巡讲员在塔山阻击战纪念馆宣讲党史故事。围绕“红领巾爱祖国”活动主题，用“童言童语”向少先队员讲好党的故事。

二 |          　　探访红色阵地          　　塔山八一希望学校红领巾志愿讲解巡讲团走进塔山阻击战纪念馆。广大少先队员以辽宁新时代“六地”为主线，实地探访省内各地的红色阵地，亲身感受中国共产党的艰辛历程和辉煌成就，寻找挖掘与红色阵地相关的党史故事和先锋人物事迹，感受新时代中国的伟大成就，立志成长为强国建设、民族复兴伟业的接班人和未来主力军。

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Published on:15:29:43