China is committed to advancing the development of strategic emerging industries and fostering future industries. The government work report submitted to the national legislature highlighted these efforts.
It mentioned plans to carry out demonstration initiatives for the large-scale application of new technologies, products, and scenarios. Additionally, China aims to promote the safe and sound development of commercial space, the low-altitude economy, and other emerging sectors.
The country will establish a mechanism to increase funding for industries of the future, including biomanufacturing, quantum technology, embodied artificial intelligence, and 6G technology. These initiatives are part of China’s strategy to drive innovation and economic growth.
Overall, China’s focus on fostering emerging and future industries underscores its commitment to staying at the forefront of technological advancements and ensuring sustainable development in key sectors.