China aims to significantly grow its digital economy, targeting it to account for 12.5% of GDP by 2030. A key strategy involves integrating artificial intelligence with manufacturing to build a modern industrial system centered on advanced production.
The government's five-year plan includes 28 major projects, 5G network upgrades, and data-focused industrial policies to achieve this goal. Premier Li Qiang emphasized the need for greater self-reliance in science and technology and breakthroughs in core technologies.
This year's initiatives focus on connecting factory equipment and developing advanced manufacturing clusters to enable more automated and intelligent production systems.
The main topics covered are China's digital economy goals, AI-manufacturing integration, and specific policy measures like 5G upgrades and industrial clusters.
China bets on AI-manufacturing integration to narrow digital-economy gap with US
Beijing’s new five-year plan calls for digital economy to account for bigger share of GDP, backed by 28 major projects, 5G upgrades and data-focused industrial policy
China’s policymakers want the digital economy to account for 12.5 per cent of gross domestic product by 2030, as Beijing accelerates its push to build a modern industrial system anchored in advanced manufacturing.
Premier Li Qiang, speaking during the opening session of the National People’s Congress, said China “must build a modern industrial system with advanced manufacturing as its backbone”.
“We will pursue greater self-reliance and strength in science and technology, strengthen original innovation and make breakthroughs in core technologies in key fields, while advancing the development of a digital China,” Li said.
This year alone, the government plans to upgrade 5G networks and connect factory equipment to enable more automated, digitalised and intelligent production systems, while developing national advanced manufacturing clusters.