China has unveiled ambitious plans to modernize its industrial system and accelerate the development of new quality productive forces, according to a government work report submitted on Tuesday to the national legislature for deliberation.
The report outlines a comprehensive strategy aimed at improving and upgrading industrial and supply chains to ensure the smooth operation of the industrial economy. Emphasizing the transformation of traditional industries, China intends to promote high-end, intelligent, and green development, fostering the creation of more Chinese brands with global influence.
In a bid to cultivate emerging and future-oriented industries, the country aims to consolidate and enhance its leading position in areas such as intelligent connected new-energy vehicles. Efforts will be intensified to accelerate the development of industries including hydrogen power, new materials, and innovative drugs. Additionally, China plans to actively establish new growth engines in fields like biomanufacturing, commercial spaceflight, and the low-altitude economy.
The government work report also highlights the formulation of future industrial development plans, with support directed toward quantum technology and life sciences. The creation of multiple future industry pilot projects is expected to pave the way for cutting-edge advancements.
Moreover, China is set to promote the innovative development of the digital economy through initiatives like the “AI Plus” program. The country seeks to realize the digital transformation of the manufacturing industry, accelerate the large-scale application of the industrial internet, promote the digitalization of the service industry, and build smart cities and digital villages.
These strategic moves signal China’s commitment to driving economic growth through technological innovation and industrial modernization, positioning the nation at the forefront of global industrial development.
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China to modernize industrial system, develop new quality productive forces
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