China Prioritizes Modernized Industrial System and Economic Growth in 15th Five-Year Plan

China's senior officials have emphasized the need to build a modernized industrial system and reinforce the foundations of the real economy as key priorities in the 15th Five-Year Plan, as outlined in the Recommendations of the CPC Central Committee for Formulating the 15th Five-Year Plan for Economic and Social Development. Zheng Shanjie, head of the National Development and Reform Commission, stressed that the plan aims to upgrade traditional industries, cultivate and expand emerging and future industries, and promote the high-quality development of the service sector. China will focus on promoting the upgrades of key industries, consolidating international competitiveness, and developing advanced manufacturing clusters, particularly in strategic and emerging sectors such as new energy, aerospace, and brain-computer interfaces.

Key Takeaways:

  • China's 15th Five-Year Plan prioritizes the development of a modernized industrial system, focusing on upgrading traditional industries and cultivating emerging and future industries.
  • Efforts will be made to accelerate the development of strategic and emerging industry clusters, including new energy, aerospace, and brain-computer interfaces.
  • The plan aims to consolidate the international competitiveness of key sectors, such as chemicals, machinery, and shipbuilding, and develop advanced manufacturing clusters.
  • China will focus on fostering future industries, including quantum technology, biomanufacturing, hydrogen energy, and fusion energy.
  • Zheng Shanjie emphasized that these industries have significant growth potential, equivalent to creating a whole new high-tech sector in China over the next decade.

Statistics:

  • The 15th Five-Year Plan emphasizes the need to upgrade traditional industries and cultivate emerging and future industries.
  • China will focus on promoting the upgrades of key industries, with a particular emphasis on sectors such as new energy, aerospace, and brain-computer interfaces.
  • The plan aims to consolidate the international competitiveness of key sectors, such as chemicals, machinery, and shipbuilding, and develop advanced manufacturing clusters.
  • China plans to accelerate the development of strategic and emerging industry clusters, including new energy, new materials, aerospace, and low-altitude economy.
  • Future industries, such as quantum technology, biomanufacturing, hydrogen energy, and fusion energy, are expected to experience significant growth over the next decade.

Sources:

  • "Zheng Shanjie: China to build modernized industrial system, reinforce economic foundations" by Xinhua News Agency. Available at: [COMTEX_469761381/2084/2025-10-24T02:53:02]
  • "Recommendations of the CPC Central Committee for Formulating the 15th Five-Year Plan for Economic and Social Development" by Communist Party of China. Available at: [Xinhua via COMTEX]