NDRC: During the 15th Five-Year Plan period, focus on cultivating 6 major emerging pillar industries, whose output value is expected to double to more than 10 trillion yuan.

Zhitong Finance APP has learned that on November 3, the National Development and Reform Commission held a press conference in its "Striving for the 15th Five-Year Plan" series, introducing relevant information on cultivating and strengthening new growth drivers. The press conference mentioned that pillar industries are the foundation of the national economy and an important front for developing new quality productive forces. During the "15th Five-Year Plan" period, the focus will be on cultivating 6 major emerging pillar industries, including integrated circuits, aerospace, and biomedicine, which is of great significance for accelerating the shaping of new growth drivers and new advantages and promoting the smooth and continuous transformation between old and new growth drivers. China's emerging pillar industries have already reached considerable scale, with output value approaching 6 trillion yuan last year, and each industry has basically formed a relatively complete industrial chain and supply chain. In the first three quarters of this year, integrated circuit output reached 442.8 billion units, a year-on-year increase of 23.3%; outbound technology licensing for innovative drugs amounted to about US$130 billion, already close to the level of the whole of last year. By the end of the "15th Five-Year Plan", the output value of emerging pillar industries is expected to double to more than 10 trillion yuan, becoming an important force supporting high-quality economic development.