China Releases 12th Five-Year Plan for National Strategic Emerging Industries

July 25, 2012 Posted by China Briefing Reading Time: 3 minutes

By Yao Lu

Jul. 25 – To accelerate the incubation and development of the country’s strategic emerging industries, China’s State Council issued the “12th Five-Year Development Plan for National Strategic Emerging Industries (guofa [2012] No.28, hereinafter referred to as the ‘Plan’)” on July 9. The plan lays out 7 strategic emerging industries and 20 key projects; moreover, it sets up development goals for the 12th Five-Year Plan period and offers policy measures to facilitate the development of the relevant industries.

Development objectives

According to the Plan, the share of value-added from the strategic emerging industries against the country’s overall gross domestic product is targeted to reach roughly 8 percent by 2015 and 15 percent by 2020, while the average annual growth of the industrial scale is expected to be above 20 percent.

Key development orientation and main tasks 2011-2015

As provided by the Plan, the key development direction and main tasks for the 12th Five-Year Plan period involve 7 strategic emerging industries, namely:

1. New energy auto industry

2. Energy-saving and environmental protection industry

Energy-efficient industry
Advanced environmental protection industry
Resource recycling industry

3. New generation information technology industry

Next generation information network industry
Fundamental industry of core electronics
High-end software and new information service industry

4. Biology industry

Bio-pharmaceutical industry
Bio-medical engineering industry
Bio-breeding industry
Bio-manufacturing industry

5. High-end equipment manufacturing industry

Aviation equipment industry
Satellite and its application industry
Rail transportation equipment industry
Marine engineering equipment industry
Intelligent equipment-manufacturing industry

6. New energy industry

Nuclear energy technology industry
Wind energy industry
Solar energy industry
Biomass industry

7. New material industry

New functional material industry
Advanced structural material industry
High-performance composite material industry

Major projects

As provided by the Plan, the key development direction and main tasks for the 12th Five-Year Plan period also involve 20 key projects, including the following:

Key energy-saving technology and equipment industrialization project
Pilot project for equipment relating to key environmental protection technology and product industrialization
Important resource recycling project
Broadband China project
High-performance integrated circuits project
New-type flat panel display project
Internet of things (IOT) and cloud computing technology project
“Beneficial Information for the People” project
Protein-based biomedical products and vaccine project
High-performance medical treatment equipment project
Bio-breeding project
Bio-based material project
Aviation equipment project
Spatial infrastructure construction project
Advanced rail transport equipment and its key assemblies project
Marine engineering equipment project
Intelligent equipment-manufacturing project
New energy integrated application project
Key material upgradation project
New energy auto project

Policy measures

The plan offers three measures to better facilitate the development of the relevant industries, they are:

Intensifying fiscal and financial policy support
Perfecting technical innovation and talent policies
Creating a desirable market environment

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