Zhè zhǒng xīncáiliào jùyǒu hěn gāo de qiángdù hé rènxìng.
This new material has very high strength and toughness.
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In policy and industry speak, 新材料 is a named strategic sector in China's Five-Year Plans — covering semiconductors, composites, rare-earth alloys, graphene, and similar. Not just "fresh material" in the generic sense.