China targets 7% growth in electronics manufacturing sector with new action plan

China on Thursday unveiled an action plan to stabilize growth in the electronic information manufacturing sector between 2025 and 2026, setting ambitious goals for output, exports, and technological upgrades.

The plan, issued by the Ministry of Industry and Information Technology and the State Administration for Market Regulation, targets an average annual growth rate of about 7 percent in industrial output from large-scale manufacturers of computers, communications equipment, and other electronic devices.

By 2026, China expects the sector to remain the largest among 41 major industrial categories in both revenue and export share.

When factoring in lithium batteries, photovoltaic products, and components, overall annual revenue in the electronic information manufacturing industry is expected to grow by more than 5 percent during the period.

Authorities also forecast that five provinces will each see their electronic information manufacturing revenues exceed 1 trillion yuan ($138 billion), while the country’s server industry is projected to surpass 400 billion yuan.

The plan further calls for greater consumer adoption of high-end devices, with domestic market penetration of color televisions sized 75 inches and above expected to top 40 percent. Personal computers and mobile phones are set to advance toward smarter and more premium models.