China outlines plan to expand high-tech industries
Officials promise to boost quantum, AI, and hydrogen energy research nationwide.
China has pledged to expand its high-tech industries over the next decade. Officials said emerging sectors such as quantum computing, hydrogen energy, nuclear fusion, and brain-computer interfaces will receive major investment and policy backing.
Development chief Zheng Shanjie told reporters that the coming decade will redefine China’s technology landscape, describing it as a ‘new scale’ of innovation. The government views breakthroughs in science and AI as key to boosting economic resilience amid a slowing property market and demographic decline.
The plan underscores Beijing’s push to rival Washington in cutting-edge technology, with billions already channelled into state-led innovation programmes. Public opinion in Beijing appears supportive, with many citizens expressing optimism that China could lead the next technological revolution.
Economists warn, however, that sustained progress will require tackling structural issues, including low domestic consumption and reduced investor confidence. Analysts said Beijing’s long-term success will depend on whether it can balance rapid growth with stable governance and transparent regulation.
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