China adopts new five-year plan to boost advanced technology and innovation
China has approved a new five-year development plan focused on strengthening domestic innovation and expanding investment in key technologies such as AI, robotics and quantum computing.
China has adopted a new five-year development plan placing advanced technology and innovation at the centre of its economic strategy, with the aim of strengthening domestic capabilities and reducing reliance on foreign technologies.
The plan prioritises sectors including AI, robotics, aerospace, biotechnology and quantum computing, as part of efforts to upgrade industry and support long-term economic growth.
Authorities also plan to expand AI-related industries and invest in large-scale computing infrastructure, supporting the development of more advanced systems capable of complex tasks.
Public investment in science and technology is expected to increase significantly, with government research budgets projected to grow by around 10% annually, alongside a targeted 7% yearly increase in overall R&D spending.
The strategy reflects a broader shift toward a more technology-driven economic model, as China seeks to strengthen its position in global technology markets and reduce dependence on external innovation amid ongoing geopolitical and trade tensions.
