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China's emerging pillar industries to surpass 10 trln yuan in 2030: official

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China's emerging pillar industries to surpass 10 trln yuan in 2030: official

2026-03-06 20:37 Last Updated At:03-07 12:55

China's six emerging pillar industries are expected to surpass 10 trillion yuan (1.45 trillion U.S. dollars) in total value in 2030, Zheng Shanjie, head of the National Development and Reform Commission, said Friday at a press conference on the sidelines of the fourth session of the 14th National People's Congress.

"The six emerging pillar industries include integrated circuits, aviation and aerospace, biomedicine, low-altitude economy, new types of energy storage, and intelligent robots. At this year's Spring Festival Gala, for instance, our robots were not simply giving a show, they also demonstrated substantial technological sophistication," Zheng told reporters.

"Preliminary estimates indicate that the output value of these six industries approached six trillion yuan in 2025. It is projected that by 2030, this figure is expected to double or more, expanding to over 10 trillion yuan," he said.

Zheng also introduced China's six future industries and the key projects to be invested in the next five years.

"The six future industries encompass quantum technology, biomanufacturing, green hydrogen and nuclear fusion energy, brain-computer interfaces, embodied intelligence, and the now-emerging 6G. These industries are on the eve of technological breakthroughs. The future industries of today may well become tomorrow's emerging pillar industries," he said.

"In fields such as integrated circuits, satellite internet, homegrown large passenger planes, and the national integrated computing power network, we are constructing a batch of major, long-chain, large-scale projects. The investment scale for these projects will reach hundreds of billions or even trillions of yuan, aiming to forge a number of national strategic assets that lay a solid foundation and benefit long-term development," Zheng said.

China's emerging pillar industries to surpass 10 trln yuan in 2030: official

China's emerging pillar industries to surpass 10 trln yuan in 2030: official

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U.S. dollar ticks up

 

The U.S. dollar increased in late trading on Wednesday.

The dollar index, which measures the greenback against six major peers, gained 0.55 percent to 100.091 at 3 p.m. (1900 GMT).

In late New York trading, the euro lost to 1.1539 dollars from 1.1610 dollars in the previous session, and the British pound decreased to 1.3338 dollars from 1.3429 dollars in the previous session.

The U.S. dollar bought 160.50 Japanese yen, higher than 160.44 Japanese yen in the previous session. The U.S. dollar rose to 0.7971 Swiss francs from 0.7931 Swiss francs, and it increased to 1.4071 Canadian dollars from 1.3993 Canadian dollars. The U.S. dollar climbed to 9.4610 Swedish kronor from 9.3618 Swedish kronor.

U.S. dollar ticks up

U.S. dollar ticks up

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