As the first city in China to propose the concept of high-precision and cutting-edge industries, Beijing has cultivated two trillion-level industry clusters in new generation information technology and scientific services, as well as five hundred-billion-level industry clusters in medicine and health, intelligent equipment, artificial intelligence, energy conservation and environmental protection, and integrated circuits.

In 2024, Beijing will need to pay special attention to the five major trends of accelerating the advancement of cutting-edge technology, developing new productive forces, accelerate total factor productivity, deeply integrating into green development and building a digital core in order to further promote the development of high-precision and cutting-edge industries.