CITIC Securities research reports pointed out on June 30th, the Beijing Municipal Bureau of Economy and Information Technology issued a 'Beijing Autonomous Driving Vehicle Regulations (Draft for Soliciting Opinions)'. While promoting the development of autonomous driving industry, the document focuses on the construction of roadside infrastructure, striving to build a smart road to construct a foundation for the realization of the whole domain opening. On the other hand, the document is oriented towards simplifying the application process and is expected to promote the cross-regional expansion of autonomous driving. Beijing is leading the nation in the progress of supporting policies for autonomous driving, road-cloud integration project construction, commercial operation, etc., and is expected to set a benchmark effect and promote the large-scale application of L3 and above autonomous driving vehicles. We believe that with the gradual improvement of the national and local autonomous driving industry regulations, all links in the industry chain will accelerate technology research and development and product deployment, and the automotive intelligent production chain is expected to benefit.