The output value of China's new materials increased by 4.9 times in ten years

In the past decade, hundreds of new materials have been industrialized
in China.
Driven by the strong demand for emerging industries such as LED, photovoltaic, new energy vehicles, semiconductors, etc.
, and under the watering of subdivided industries and new material support policies, the development of
various new materials has accelerated.
Industrial and information data show that from 2012 to 2021, the output value of China's new materials industry increased by 4.
9 times, with an annual compound growth rate of more than 20%.

In the past ten years, China's new material industry has made great progress
in innovation ability, industrial scale and agglomeration effect.
The output value of the new materials industry increased from about 1 trillion yuan in 2012 to 5.
9 trillion yuan in 2021, that is, the total scale increased by 4.
9 times, with an annual compound growth rate of more than 20%; Its proportion in the output value of the raw material industry has increased to 15% (5% in 2012), and China has formed the world's most complete and largest material industry system
.

Policy support

At the end of 2016, China established a national leading group for the development of new materials industry with the participation of more than 20 departments to review and promote the overall development deployment, important plans and major policies of new materials, and coordinate and solve key and difficult problems
.

In February 2017, China established the National Expert Advisory Committee for the Development of New Materials Industry to improve the level
of scientific and democratic decision-making.
Under the guidance of the National Leading Group for the Development of New Materials Industry, China has successively issued the "New Materials Industry Development Guide", the pilot of the first batch of insurance compensation mechanism for the first batch of key new materials, the "National New Materials Production and Application Demonstration Platform Construction Plan", the "National New Material Testing and Evaluation Platform Construction Plan", "New Material Standard Pilot Action Plan (2018-2020)" and other measures, improving and enriching China's new material industry policy system and strengthening the guidance and support for the development of the new material industry
。

It is reported that since the "Thirteenth Five-Year Plan", the first batch of insurance compensation mechanisms for key new materials carried out in China have promoted 190 varieties of 50 billion yuan of new material products to enter the initial market; It has built 29 key new material platforms in three categories, including new material production and application demonstration, testing and evaluation, and resource sharing
.

Capital Boost

Capital to help the development of new materials has become a consensus
.

As an example of the 48 sample stocks of the new materials index of the above securities science and technology innovation board, Choice data shows that as of September 30, these 48 companies have achieved initial fundraising of 48.
875 billion yuan, convertible bond financing of 4.
836 billion yuan, and fixed increase financing of 16.
271 billion yuan
.

As of the end of September 2022, nearly 60 new material companies have been listed on the Star Market, accounting for 12%.

On September 18, two new materials ETFs on the Shanghai Science and Technology Innovation Board were approved by the China Securities Regulatory Commission, which are the first batch of new materials themed ETFs on the
Science and Technology Innovation Board.

It is reported that the new materials ETF of the science and technology innovation board has been listed on October 26, which is the first batch of "hard technology" ETFs of the
science and technology innovation board.
They use the new materials index of the above securities and science and technology innovation board as the
tracking target.
The approval of the above products will inject "living water"
into the investment in the science and technology innovation board and new materials-related themes.