The Chinese mainland is set to accelerate the modernization of its industrial system, aiming to develop new quality productive forces at an unprecedented pace. This ambitious initiative was outlined in a government work report submitted to the national legislature on Tuesday.
To achieve these goals, the report outlines a series of strategic tasks. Key among them is the improvement and upgrading of industrial and supply chains to ensure the smooth operation of the industrial economy. The Chinese mainland plans to promote the high-end, intelligent, and green transformation of traditional industries, while also accelerating the development of production-oriented service industries. A significant focus will be on creating more Chinese brands with global influence.
Furthermore, the report emphasizes the cultivation of emerging and future-oriented industries. The Chinese mainland aims to consolidate and enhance its leadership in areas such as intelligent connected new-energy vehicles and to accelerate the development of industries like hydrogen power, new materials, and innovative drugs. Additionally, new growth engines such as biomanufacturing, commercial spaceflight, and the low-altitude economy will be actively pursued. The government also intends to formulate future industrial development plans, support advancements in quantum technology and life sciences, and establish several future industry pilot segments.
Innovative development of the digital economy is another cornerstone of the report. An AI Plus initiative is set to be launched, focusing on the digital transformation of the manufacturing industry. The Chinese mainland will accelerate the large-scale application of the industrial internet, promote the digitalization of the service industry, and build smart cities and digital villages to enhance connectivity and sustainability.
This comprehensive approach underscores the Chinese mainland's commitment to fostering an advanced, resilient, and sustainable industrial landscape, positioning itself as a global leader in innovation and economic growth.
Reference(s):
China to modernize industrial system, develop new quality productive forces
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