Beijing: China has released a two-year work plan aimed at stabilizing growth in the light industry sector, intending to reinforce its contribution to steady economic expansion. The plan, covering the years 2025 and 2026, outlines 15 tasks with a focus on optimizing supply, boosting consumption, maintaining international competitiveness, improving the industrial ecosystem, and strengthening the momentum for high-quality development.
According to Namibia Press Agency, key measures in the plan include the application of artificial intelligence to analyze consumer demand, the development of new growth drivers in areas such as health, elderly care, childcare, household goods, and cultural tourism. The plan also aims to advance AI-enabled product design and manufacturing and support new forms of foreign trade like cross-border e-commerce.
China is introducing a series of stabilization measures that target 10 critical industries. These industries include steel, non-ferrous metals, petrochemicals, chemicals, building materials, machinery, automobiles, power equipment, light industry, and electronic information manufacturing. These sectors are crucial for maintaining stability in the industrial economy and the broader national economy.