Reporter: Han Zhongnan from Securities Times

Recently, the Suggestions of the CPC Central Committee for the 15th Five-Year Plan for National Economic and Social Development (hereinafter referred to as the Suggestions) was officially released. Among them, the strategic task of building a modern

"Putting the real economy first in strategic tasks is essentially an active defense and forward-looking layout against drastic changes in the global industrial landscape." Zhu Keli, founding director of the National Research Institute of New Economic

Strengthening and expanding the foundation of the real economy

The real economy is the foundation of a country's economy, the fundamental source of wealth creation, and an important backbone of national strength and prosperity.

During the 14th and 5th Five-Year Plan period, China's industrial backbone role has become prominent. From 2020 to 2024, China's total industrial value added increased from 31.3 trillion yuan to 40.5 trillion yuan, providing solid support for enhanci

The proposal clearly states the need to build a modern industrial system, solidify and expand the foundation of the real economy, focus on developing the economy in the real economy sector, and persist in the directions of intelligence, greenization,

This strategic plan is not only a proactive response to the profound changes in the international industrial landscape, but also a crucial measure to promote China's economic transformation and upgrading and cultivate new productive forces. It paints

Zhu Keli believes that placing the development of the real economy at the top of the strategic agenda is based on deeper considerations for optimizing the employment structure and enhancing economic resilience. In his view, advanced manufacturing has

Enhancing the Foundation and Strengthening the Base: Optimizing and Upgrading Traditional Industries

In the face of the specific task of 'building a modern industrial system and strengthening the foundation of the real economy', Zheng Ganjie, Director of the National Development and Reform Committee, said when interpreting the 'Proposal' that we can

The proposal clearly states the need to promote the quality improvement and upgrading of key industries such as mining, metallurgy, chemicals, machinery, and consolidate their status and competitiveness in the global industrial division of labor. At

The upgrading of traditional industries cannot be done in isolation and requires a coordinated effort from policies, technology, and finance. Zhu Keli pointed out that the current transformation lag of key industries such as chemicals and machinery i

Specifically, at the policy level, a carbon differential subsidy mechanism can be established to provide per-kWh subsidies to enterprises adopting green technologies, bridging the cost gap with traditional routes; at the technological level, the Mini

Pan Helin, a member of the expert panel of the Information and Communication Economics of the Ministry of Industry and Information Technology, told Securities Times that for traditional industries to keep up with emerging industries, they need to und

Cultivating Newness and Enhancing Quality: Positioning for Future Industries

While consolidating the foundation of traditional industries, the 15th Five-Year Plan proposes to cultivate and strengthen emerging and future industries, focusing on building new leading industries and pioneering potential future sectors to inject n

The implementation of the industrial innovation project has been proposed to accelerate the development of strategic emerging industries such as new energy, new materials, aerospace and low-altitude economy, while exploring the diverse technological

Industry experts believe that to cultivate emerging and future industries, it is crucial to connect several key links such as technology research and development, product iteration, and scenario applications, and improve the industrial ecology. On on

Zhu Keli told the Securities Times that emerging industries such as new energy and new materials in China are currently facing dual challenges of insufficient technological maturity and difficulties in achieving large-scale applications, which are ro

For industries with rapidly iterating technologies and high risks in frontier areas such as quantum computing and embodied intelligence, Zhu Keli suggests promoting risk-sharing mechanisms to encourage enterprises to invest boldly, willingly, and abl

Based on Pan Helin's analysis, combined with the content related to industrial development in the Suggestions, it can be seen that the directions of strengthening the foundation and cultivating new industries are basically unified. Strengthening the

The Suggestions also mentioned many expressions related to the development of the service industry. It is clear that there is a need to implement actions to expand and improve the service industry, expand its openness, and promote the extension of pr

Zheng Shanjie pointed out that there is still enormous room for expansion and improvement in China's service industry. By enhancing the integrated development of modern service industry with advanced manufacturing and modern agriculture, it will acce