According to Bian Xiao, the new infrastructure mainly includes 5G infrastructure, UHV, urban high-speed rail and urban rail transit, new energy vehicle charging piles, big data centers, artificial intelligence and industrial Internet. Different from traditional infrastructure such as railways, highways and bridges, new infrastructure is generally devoted to the construction of scientific and technological infrastructure. It is worth noting that there are 5GETF(5 15050) funds related to new infrastructure. The fund's first heavyweight share is ZTE's chip ETF( 15995), exchange rate technology ETF(5 15000) and Hengrui Pharma's AI Intelligence (5 150).