Transformation of Industrial Policies: China and the World, the first volume of the "IIA Frontier Research Series" created by the Qianhai Institute for International Affairs led by Professor Zheng Yongnian, is a readable work with high standing, deep theoretical foundation, and academic thickness. It condenses the profound thinking of frontline scholars in the field of industrial policies, and explains the impacts of global industrial policy changes on China, the world, and their development processes from different perspectives such as politics, economy, technology, energy, and international relations. It is also expected to create a set of authoritative policy research series with academic research value, global and forward-looking perspectives, enlightening significance, and historical preservation value, providing frontline references and ideological assistance for decision-makers from governments and enterprises.