The Ministry of Industry and Information Technology, in collaboration with seven other departments, has jointly released the '15th Five-Year Plan' aimed at fortifying industrial foundation capabilities. This plan advocates for the enhancement of a multi-party collaborative investment framework. By implementing strategies such as offering tax incentives for technological innovation, leveraging the national industrial-financial cooperation platform, and utilizing government investment funds, the initiative seeks to direct social capital towards amplifying support for enterprises operating within industrial foundation sectors. Furthermore, financial institutions are urged to offer a diverse array of financial products and services, thereby strengthening industrial foundation capabilities and propelling the modernization of industrial foundations forward.
