China unveils plan to develop strategic sectors

摘要

China has announced new development plans for strategic industries, including electric vehicles (EVs), new energy resources and technology infrastructure, in response to the impact of the Covid-19 economic downturn and trade tensions with the US. The guidance identifies key sectors in what the govern- ment calls “strategic emerging industries”, giving an indica- tion of China’s priorities as it seeks to reduce its depen- dence on technology imports and develop its economy.