On January 30, 2026, the Political Bureau of the CPC Central Committee conducted its 24th collective study session on forward-looking planning and development of future industries. President Xi Jinping presided over the session and delivered an important speech, charting the course and outlining the path for the development of China's future industries. He emphasized the need to promote new breakthroughs in future industries from a strategic height, thereby laying a solid foundation for building a modern industrial system and developing new quality productive forces.
President Xi Jinping pointed out that future industries are driven by cutting-edge technologies and are characterized by their forward-looking, strategic, and disruptive nature. Cultivating and developing such industries is crucial for seizing the high ground in technology and industry and for grasping the initiative in development. The proposals for the 15th Five-Year Plan clearly identify quantum technology, biomanufacturing, hydrogen and nuclear fusion energy, brain-computer interfaces, embodied AI, and sixth-generation mobile communication (6G) as key areas, aiming to propel them into becoming new economic growth drivers. These areas are typical representatives of future industries. Among them, hydrogen energy, as an important component of the future national energy system, plays a key role in the construction of new-type power systems, the integration of new energy, and the achievement of the dual carbon goals. During the 14th Five-Year Plan period, China's renewable energy-based hydrogen production capacity achieved doubling growth, laying a solid foundation for the scaled development of the industry during the 15th Five-Year Plan period.
Addressing the characteristics of future industries, such as long cultivation cycles, high market risks, and broad scope, President Xi Jinping emphasized the necessity of adhering to a dual-drive approach of "the government providing good services" and "improving the governance system." In terms of service and support, it is essential to improve fiscal and tax support policies, vigorously develop sci-tech finance, and comprehensively handle the entire chain of talent cultivation, introduction, and utilization, fostering a strong atmosphere of innovation encouragement throughout society. In terms of governance and regulation, it is necessary to balance development and security, explore scientific and effective regulatory models, delineate "red lines" and "bottom lines" for technology application, prevent various potential risks, and ensure that the development of future industries is both "vibrant" and "well-managed."
Full text follows:
First Observation | First Collective Study Session of CPC Central Committee Political Bureau in the Inaugural Year Focuses on Future Industries
On the afternoon of January 30, the Political Bureau of the CPC Central Committee conducted its 24th collective study session on the forward-looking planning and development of future industries, during which President Xi Jinping delivered an important speech. The fact that the first collective study session of the Central Committee Political Bureau in the inaugural year of the 15th Five-Year Plan period focuses on this topic sends a clear signal that on the new journey, China will accelerate the cultivation and development of future industries to seize the initiative in future development with new advantages of a modern industrial system.
Future industries are driven by cutting-edge technologies and possess characteristics such as being forward-looking, strategic, and disruptive."The 15th Five-Year Plan proposal suggests promoting quantum technology, biomanufacturing, hydrogen and nuclear fusion energy, brain-computer interfaces, embodied AI, and sixth-generation mobile communication (6G) as new economic growth drivers, which are typical representatives of future industries.
Over the past year, President Xi Jinping has repeatedly made arrangements for cultivating future industries: in April last year, he presided over a collective study session of the Political Bureau of the CPC Central Committee focusing on "strengthening the development and regulation of artificial intelligence"; visited Shanghai's "Model Speed Space" large model innovation ecosystem community during a field trip; and emphasized during an inspection in Shanxi "deploying emerging and future industries according to local conditions to develop new quality productive forces."
Aiming to basically achieve socialist modernization by 2035, the 15th Five-Year Plan period is a critical time for laying a solid foundation and making comprehensive efforts. "Building a modern industrial system and consolidating and strengthening the foundation of the real economy" is the primary strategic task. Future industries will become an important support for the modern industrial system and a key factor in reshaping the global economic landscape.
During this collective study session, President Xi Jinping profoundly elaborated on the significance of developing future industries—
"Cultivating and developing future industries is of great significance for seizing the commanding heights of technology and industry, grasping the initiative in development, for developing new quality productive forces and building a modern industrial system, and for improving people's quality of life, promoting well-rounded human development, and overall social progress."
In 2025, the industrial and information technology sectors contributed over 40% to China's economic growth. China is home to more than 6,000 artificial intelligence enterprises, quantum technology R&D is flourishing in multiple areas, biomanufacturing is advancing toward a trillion-yuan industry, and brain-computer interface technology has entered a new stage of human brain implantation... Future industries are gaining momentum, injecting continuous new vitality into high-quality development.
How to plan and deploy future industries? President Xi Jinping pointed out the key priorities:
Scientific planning and overall coordination are needed—
President Xi Jinping made it clear that we should focus on the main directions of China's future industrial development during the 15th Five-Year Plan period; comprehensively consider factors such as national strategic needs, technological maturity, and element support conditions; and strengthen industrial synergy.
This requires us to focus on the key areas mentioned in the 15th Five-Year Plan proposal, scientifically demonstrate technological pathways, emphasize adaptation to local conditions, prevent a rush of blind investment, and also guard against disconnection between future industries and traditional advantageous industries as well as strategic emerging industries, while continuously deepening industrial integration.
Adhere to "industry posing questions, science and technology providing answers"—
The extent of technological breakthroughs will largely determine the speed, breadth, and depth of future industrial development. During last year's Two Sessions, General Secretary Xi Jinping clearly demanded that "the innovation chain and industry chain be seamlessly connected."
During this collective study session, General Secretary Xi Jinping put forward requirements such as "giving full play to the advantages of the new-type nationwide system," "increasing efforts to tackle key core technologies in critical areas," and "accelerating the transformation and application of scientific and technological achievements," further clarifying the path and direction for promoting the deep integration of scientific and technological innovation and industrial innovation.
Stimulating the Vitality of Enterprises as the Main Body of Innovation—
"The rise of many future industries is driven by enterprises making breakthroughs step by step." General Secretary Xi Jinping clearly stated that the leading role of enterprises must be brought into play.
Implementing this deployment requires building an industrial ecosystem with enterprises at the core and multi-party collaboration, promoting the concentration of various innovation resources in enterprises, cultivating and strengthening leading scientific and technological enterprises, promoting the specialized, refined, distinctive, and innovative development of small and medium-sized enterprises, and driving industries to continuously advance toward cutting-edge and high-end fields.
Increasing Support and Improving the Governance System—
Future industries have long cultivation cycles, high market risks, and involve a wide range of areas. General Secretary Xi Jinping emphasized that "the government must provide good services" and "improve the governance system."
On one hand, it is necessary to improve policies such as fiscal and tax measures, vigorously develop science and technology finance, and comprehensively facilitate the cultivation, introduction, and utilization of talent; on the other hand, to explore scientific and effective regulatory methods, prevent related risks, and ensure both "flexibility in activation" and "effective management."
Today's future industries may become tomorrow's strategic emerging industries and the pillar industries of the day after. Seizing the future brooks no delay.
![[SMM Analysis] Hydrometallurgy Recycling Market This Week: LFP Black Mass Prices Continued to Decline, and Market Stockpiling Basically Ended This Week (2026.2.2-2026.2.5)](https://imgqn.smm.cn/usercenter/IpglC20251217171727.jpg)
