China targets hi-tech industries, domestic demand in 2026 with new policy package

South China Morning PostEN 1 min read 100% complete by Xinyi WuJanuary 20, 2026 at 12:00 PM

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In 2026, China will implement new policies focused on strengthening domestic demand and advancing hi-tech industries as part of its next five-year plan. The National Development and Reform Commission (NDRC) announced initiatives to boost consumption and technology investments, while the finance ministry will offer financial support to individuals and small businesses. The NDRC is drafting a plan to expand domestic demand from 2026 to 2030. Over the next five years, China will launch major projects in hi-tech industries, including new energy, aerospace, biomanufacturing, and AI, to reinforce its advanced manufacturing capabilities. These measures aim to rebalance growth and bolster economic momentum.

Key Entities & Roles

Key Player Opposition Context

Artificial intelligence 40% New energy 40% Aerospace 40% Biomanufacturing 40% Zhou Chen 60% Beijing 70% National Development and Reform Commission (NDRC) ×280% China ×290%

Keywords

hi-tech industries 100% domestic demand 90% economic growth 70% consumption 70% advanced manufacturing 60% technology investments 60% new energy 50% artificial intelligence 50% biomanufacturing 40% aerospace 40%