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China Aims to Dominate Global Tech Landscape with New Five-Year Plan

KVIA•Thursday, March 12, 2026 at 7:50 AM•CNN Newsource

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Chinese leader Xi Jinping has unveiled a strategic Five-Year Plan aimed at transforming China into the world's leading technology superpower. This initiative focuses on enhancing self-sufficiency in tech, particularly in sectors like artificial intelligence, robotics, and quantum computing. Approved by China's legislature, the plan emphasizes original innovation and aims for significant advancements in research and development, with a budget increase of 10% for science and technology. As China navigates economic challenges, including a real estate crisis, this plan is seen as a crucial step towards reducing reliance on Western technology and fostering homegrown advancements. The plan outlines ambitious goals, including expanding the AI industry to a value of 10 trillion yuan ($1.45 trillion) by 2030.

Key Details: • China's Five-Year Plan focuses on self-sufficiency and innovation in technology. • Annual research and development investment to increase by at least 7%. • AI industry projected to reach over 10 trillion yuan by 2030. • China aims to reduce reliance on Western technology amid ongoing trade tensions.

economy technology ai china innovation

People & Organizations

Xi JinpingBeijingHong KongEurasia GroupTrivium ChinaDan WangHenry Huiyao WangKendra SchaeferCenter for China and Globalization

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