China Issues Its First Industry-Wide Plan To Promote Industrial Transformation And Upgrade Over The Next Five Years


The State Council of China recently issued its first mid- and long-term plan for the entire industrial sector, the Industrial Transformation and Upgrade Plan (2011-2015). The Plan is an important step, and the highest level guideline, for the Chinese government to carry out the industrial development goals and tasks set out in China’s National Economic and Social Development 12th Five-Year Plan, covering the period 2011-2015 (see the April 2011 issue of the Trade and Manufacturing Alert).

The Plan indicates that the focus of China’s industrial development over the next five years is to transform China’s extensive development pattern to a new model driven by technological innovation and domestic demand and consumption, with an emphasis on environmental protection, intelligent manufacturing, and manufacturing services. Additionally, the Plan calls for fully optimizing China’s industrial, technological, product, and organizational structures, as well as its industrial geographic distribution. The Plan continues to emphasize the significance of cultivating and expanding the strategic emerging industries (i.e., energy-saving and environment protection industries, the new-generation information technology industry, the biology industry, the high-end equipment manufacturing industry, the new energy industry, the new materials industry, and the new-energy automotive industry, as reported in the January 2011 Trade & Manufacturing Alert), as well as upgrading traditional industries and developing services industries.

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© King & Spalding | Attorney Advertising

Written by:


King & Spalding on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.