China has rolled out a two-year action plan to stabilise and accelerate growth in its vast electronic information manufacturing sector, setting ambitious targets for output and revenue through 2026.
The plan, released jointly by the Ministry of Industry and Information Technology (MIIT) and the State Administration for Market Regulation (SAMR), targets an average annual growth rate of around 7% in industrial output from large-scale manufacturers of computers, communications equipment, and other electronic devices.
Revenue Growth Across Strategic Segments
Key emerging industries such as lithium batteries, photovoltaics, and electronic components are expected to record revenue growth of more than 5% annually, according to China Daily.
The plan also includes measures to stabilise trade in core consumer products such as mobile phones, computers, and televisions, while reinforcing state support for domestic champions in the electronics industry.
Strengthening Global Competitiveness
By focusing on output growth, trade stability, and industrial resilience, Beijing aims to fortify its leadership in strategic technology manufacturing and ensure continued global competitiveness despite external headwinds.
The electronic information industry is one of China’s most critical growth engines, underpinning exports, domestic consumption, and the country’s push towards greater self-reliance in advanced technology.
–Input WAM
