The Chinese mainland will create more high-tech industries over the next decade, pushing future growth through emerging sectors, Zheng Shanjie, head of the National Development and Reform Commission, announced at a press conference on guiding principles for socioeconomic development.
Building on a solid real economy, the plan zeroes in on four key priorities:
- Upgrading traditional industries
- Fostering emerging and future industries
- Driving quality improvements
- Modernizing infrastructure
Draft recommendations for the 15th Five-Year Plan advocate for new strategic industries and faster growth of industrial clusters in sectors such as new energy, new materials, aviation and aerospace, and the low-altitude economy—markets that could soon reach several trillion yuan.
In 2024, the Chinese mainland’s “three new” economies—new industries, new business formats and new business models—contributed more than 18 percent of gross domestic product.
Looking ahead, the emphasis is on technologies poised for takeoff, including quantum technology, bio-manufacturing, hydrogen and nuclear fusion energy, brain-computer interfaces, embodied intelligence, and 6G mobile communications as fresh drivers of economic growth.
Reference(s):
China to create more high-tech industries over the next decade
cgtn.com
