China sets sights on innovation, emerging industries for 2026–2030
MG News | January 21, 2026 at 05:38 PM GMT+05:00
January 21, 2026 (MLN): China is set to roll out a
series of initiatives to develop and strengthen emerging and future industries
during its 15th Five-Year Plan period (2026-2030).
Zhang Yunming, vice minister of the Ministry of Industry and
Information Technology (MIIT), said efforts will focus on fostering new growth
drivers in emerging sectors, APP reported.
Expanding the application of advanced manufacturing
technologies and products in innovative scenarios, and creating national
demonstration bases for emerging industries were also in key highlighted
matters.
Regarding future industries, China plans to implement
guidelines to promote innovative development, launch strategically significant
science and technology projects, and support local governments in cultivating
future industries tailored to regional strengths, with further backing from
government investment funds.
During the 14th Five-Year Plan (2021-2025), emerging
industries such as new energy vehicles (NEVs), photovoltaics, low-altitude
drones, shipbuilding, and marine engineering equipment experienced rapid
growth, boosting the global reputation of “Made in China,” Zhang Yunming, noted.
He highlighted record highs in NEV production and sales,
steady growth in the photovoltaic sector, expanded varieties and numbers of
civil drones, and notable improvements in both quantity and quality in
shipbuilding by 2025.
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