NDRC's 15th Five-Year Plan Research on Key Industries and Directions

12/06 2024 490

Introduction

China is about to embark on a new chapter of the 15th Five-Year Plan. The 15th Five-Year Plan period (2026-2030) marks the first phase of achieving the second centenary goal and is a crucial period for China to move towards basic modernization by 2035. Currently, the National Development and Reform Commission (NDRC) and local relevant agencies have initiated preliminary research to ensure that local plans accurately capture the pulse of the times and promote high-quality economic and social development.

Flint creates a summary of research topics from various departments of the NDRC, sorting out the key research areas and directions of the 15th Five-Year Plan from an industrial perspective, providing a reference for regional industrial development planning in the new era.

01 Regional Coordinated Development

China is vast and populous, with significant disparities in regional development levels and varying major issues and contradictions. Coordinating regional development is a formidable task. Promoting coordinated regional development and forming distinctive regional industrial clusters will be one of the key directions of the 15th Five-Year Plan.

The focus of building a new pattern of coordinated regional development is on creating characteristic leading industries tailored to local conditions, deeply implementing the development of the western region, the rise of the central region, and the revitalization of the northeast, accelerating the construction of new oceanic productive forces, and promoting the construction of a maritime power.

Table: Research Topics Related to Regional Coordinated Development

Source: Official Website of the National Development and Reform Commission

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02 Enhancing Total Factor Productivity

Based on the published topics, continuously improving total factor productivity is also listed as a key research direction. The core of new productive forces is to enhance total factor productivity. Related topics support the construction of a modern industrial system from the perspective of total factor productivity, effectively constructing a new development paradigm and promoting high-quality development.

Table: Research Topics Related to Enhancing Total Factor Productivity

Source: Official Website of the National Development and Reform Commission

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03 Strengthening Financial Empowerment

Finance plays a crucial supporting and driving role in the cultivation and development of new productive forces. The 15th Five-Year Plan research has set up multiple topics in the financial field, exploring ways to increase financial support for technology-based enterprises, small, medium, and micro-enterprises, and improving the credit system to inject financial momentum into new productive forces.

Table: Research Topics Related to Financial System and Credit System Construction

Source: Official Website of the National Development and Reform Commission

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04 Optimizing the Business Environment Based on Local Conditions

Research on optimizing the business environment accounts for a large proportion of the research topics published by the NDRC. Amid the accelerated construction of a unified national market, the optimization of the business environment has also strengthened regional characteristics.

Table: Research Topics Related to Optimizing the Business Environment

Source: Official Website of the National Development and Reform Commission

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05 Strengthening County Economies and Exploring Paths to Common Prosperity

During the 15th Five-Year Plan period, the NDRC promotes research on high-quality development of the county economy, mainly focusing on reasonably determining differentiated industrial development paths, creating higher-level county-level characteristic industrial clusters, and promoting high-quality development through government resource allocation methods.

Table: Research Topics Related to Promoting the Strengthening and Expansion of the County Economy

Source: Official Website of the National Development and Reform Commission

Regarding the exploration of common prosperity paths, Zhejiang is listed as a key research object. The "Research on the Practical Paths and Carriers for High-Quality Development and Common Prosperity Demonstration Areas in Zhejiang" requires in-depth field investigations, systematically sorting out the practical paths and carriers for high-quality development and common prosperity demonstration areas in Zhejiang, and researching and proposing policy recommendations.

06 Improving the Market-Oriented Allocation of Data Factors

The 14th Five-Year Plan outline proposes establishing and improving market rules for data factors, coordinating data development and utilization, privacy protection, and public safety, and accelerating the establishment of basic systems and standards for data resource property rights, transaction circulation, cross-border transmission, and security protection. During the 15th Five-Year Plan period, improving the market-oriented allocation of data factors remains a research focus. Judging from the publicly announced topics, the main focus is on pricing, governance, and other aspects to accelerate the circulation and trading of data factors.

Table: Research Topics Related to Improving the Market-Oriented Allocation of Data Factors

Source: Official Website of the National Development and Reform Commission

07 Increasing Opening-up and International Cooperation

The NDRC will increase opening-up and cooperation as one of the important directions of the 15th Five-Year Plan research, ranging from global political and economic patterns and trend judgments to deepening international cooperation, building a community with a shared future, actively participating in the reform and construction of the global economic governance system, and promoting the formation of a new pattern of comprehensive opening-up.

Table: Research Topics Related to Increasing Opening-up and International Cooperation

Source: Official Website of the National Development and Reform Commission

From the published research topics, the NDRC's 15th Five-Year Plan research covers nearly 150 fields. These directions and priorities will provide important guidance and support for China's development in the next five years.

As an industrial data intelligence service provider, Flint will leverage professional and clean industrial data and Flint's Industrial Economy Macro Model, an AI macro model in the field of industrial economics, to provide digital and intelligent support for the 15th Five-Year Plan industrial planning research. By then, Flint's Industrial Economy Macro Model SaaS service will be launched on Flint's Industrial Data Hub, making industrial data utilization simple and intelligent.

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