Politics · China · 1 day ago

China issues plan to develop innovation-led industries

China issues plan to develop innovation-led industries

China’s Communist Party Central Committee and State Council have issued a plan to develop what the government calls “new quality productive forces.”

The term refers here to growth driven by innovation, advanced technologies and changes to how industries work.

The plan sets out 19 measures across five areas, including scientific research, links between research and industry, and changes to institutions and talent policies.

It calls for breakthroughs in key technologies and for research results to be turned into products and practical uses.

It also seeks to upgrade traditional industries, grow emerging ones and prepare for future industries.

Artificial intelligence is a particular focus, with the plan calling for its wider use in the real economy.

Government departments and local authorities are expected to put the measures into practice.

Sources

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