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Regulation Macro

China’s NDRC to Support Enterprises Leading National Tech Projects

China’s National Development and Reform Commission said at a press conference on Friday that during the 15th Five-Year Plan period the country will focus on basic research and original innovation, prioritizing science and education infrastructure and major national science and technology infrastructure, and will organize a batch of national science and technology programs. The NDRC said it supports enterprises in leading the implementation of national tech projects and building innovation platforms.

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AI take

The NDRC's shift toward letting enterprises lead national tech programs marks a notable change in how China organizes state-backed innovation, moving beyond a purely government-directed model. This matters most for large domestic firms positioned to take on leadership roles in national projects and innovation platforms, particularly in basic research and original innovation where the plan places emphasis. Whether this translates into meaningful private-sector participation in the 15th Five-Year Plan's flagship programs, or remains largely symbolic, is the open question worth watching.

Generated by AI for reference only.

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