NDRC to Unleash Services Sector Potential, Aims for 100T Yuan; BeiDou Industry Targets 1T Yuan in 5 Years

Published: Mar 7, 2026 23:55

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Zheng Shanjie, Director of the National Development and Reform Commission (NDRC), noted that the NDRC will work in coordination with the Ministry of Commerce, MIIT, and other relevant departments to roll out a series of policies to expand capacity and improve quality, fully unleashing the enormous potential for high-quality development in the services sector. Looking ahead to the 15th Five-Year Plan period, the scale of the services sector is expected to achieve a new breakthrough, reaching a new level of over 100 trillion yuan.
Meanwhile, efforts will continue to advance the BeiDou large-scale application program, with a focus on promoting the vigorous development of the BeiDou industry, striving to push the industry’s scale past the 1 trillion yuan threshold within five years.

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