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[State Council issues opinion proposing the construction of a national blockchain network]October 9, the CPC Central Committee and the State Council issued the Opinions on Developing New Quality Productive Forces, comprising seven sections and 19 articles. The Opinions propose taking scientific and technological innovation as the guide and substantial increases in total factor productivity as the core hallmark, while adhering to innovation-driven development, reform as a priority, adapting measures to local conditions, and establishing the new before abolishing the old. In industry, the Opinions call for fostering and strengthening emerging industries, making forward-looking arrangements for future industries including quantum technology, biomanufacturing, hydrogen energy and fusion energy, brain-computer interfaces, embodied intelligence, and sixth-generation mobile communications, and comprehensively implementing the “Artificial Intelligence+” initiative to accelerate scenario-based applications of next-generation intelligent terminals such as humanoid robots. Regarding incentives and financial support, the Opinions propose establishing an enterprise R&D reserve system, increasing the additional deduction ratio for corporate R&D expenses, improving policies supporting long-term capital to invest early, in small companies, for the long term, and in hard technology, expanding patient capital, enriching the product system for science and technology innovation bonds, supporting high-quality technology enterprises in listing and financing, and optimizing systems for mergers and acquisitions, restructuring, equity incentives, and other areas for technology enterprises. The Opinions also emphasize that development must not become detached from the real economy, pursue scale and comprehensiveness blindly, or become bubble-driven; the misuse of policies in violation of regulations in the name of developing new quality productive forces is strictly prohibited, and accountability will be rigorously pursued for major losses caused by herd behavior, blind investment, and similar actions.