On July 20, 2026, Wang Weiming, the Chief Engineer of the Ministry of Industry and Information Technology, announced at a press conference hosted by the State Council Information Office that, despite the intricate external landscape, a robust domestic supply amidst lackluster demand, and notable structural discrepancies, China's strengths lie in its comprehensive and adaptable industrial framework. These advantages ensure that the industrial economy maintains its overall stable and optimistic trajectory. Moving forward, the emphasis will be on high-quality development, striking a balance between growth and security, rolling out and implementing the '15th Five-Year Plan' for the industry and information technology sector, expediting the establishment of a modern industrial system with advanced manufacturing as its cornerstone, boosting the quality and effectiveness of industrial economic activities, sustaining the steady growth of the industrial economy, and laying a solid foundation for the '15th Five-Year Plan' period.
