A New Chapter for the Real Economy
In an intelligent polyester workshop run by a top chemical fiber manufacturer in the Chinese mainland, robots now handle heavy-duty tasks as cool autumn breezes sweep the factory yard. This scene embodies the vision of China’s 15th Five-Year Plan, which places the real economy at the heart of sustainable growth.
Why Strengthening the Real Economy Matters
Policymakers argue that a robust real economy — driven by manufacturing, agriculture and services — is crucial for:
- Supply chain resilience: reducing external risks after global disruptions
- Innovation-led growth: integrating digital tech and R&D to upscale production
- Green transformation: cutting emissions and boosting resource efficiency
Data-Driven Insights
This year, an industry white paper revealed that digitization efforts in the Chinese mainland’s manufacturing sector have grown by double digits, with automation trials delivering up to 20% productivity gains in pilot plants. Experts predict that wider adoption could add trillions to GDP by the end of 2025.
Global Ripple Effects
Young entrepreneurs, investors and digital nomads around the world are watching as factories evolve into high-tech hubs. Improved efficiency can lower costs for consumers, while green manufacturing opens doors for sustainable tourism and international collaborations.
Looking Ahead
As the 15th Five-Year Plan progresses, the blend of smart automation, eco-friendly processes and supply chain upgrades is set to redefine the Chinese mainland’s role in the global economy. For a new generation of global citizens, this transformation offers fresh opportunities to engage, innovate and explore.
Reference(s):
Why China must strengthen its real economy in the 15th Five-Year Plan
cgtn.com
