"The goal is to comprehensively upgrade Chinese industry, making it more efficient and integrated so that it can occupy the highest parts of global production chains. The plan identifies the goal of raising domestic content of core components and materials to 40% by 2020 and 70% by 2025.
Although there is a significant role for the state in providing an overall framework, utilizing financial and fiscal tools, and supporting the creation of manufacturing innovation centers (15 by 2020 and 40 by 2025), the plan also calls for relying on market institutions, strengthening intellectual property rights protection for small and medium-sized enterprises (SMEs) and the more effective use of intellectual property (IP) in business strategy, and allowing firms to self-declare their own technology standards and help them better participate in international standards setting.
Although the goal is to upgrade industry writ large, the plan highlights 10 priority sectors: 1) New advanced information technology; 2) Automated machine tools & robotics; 3) Aerospace and aeronautical equipment; 4) Maritime equipment and high-tech shipping; 5) Modern rail transport equipment; 6) New-energy vehicles and equipment; 7) Power equipment; 8) Agricultural equipment; 9) New materials; and 10) Biopharma and advanced medical products. "(https://www.csis.org/analysis/made-china-2025)
"The China 2025 document has called out the following ‘green targets’: (i) Reduce carbon dioxide intensity per unit of industrial output by 22% by 2020 and 40% by 2025 (over 2015- level); (ii) Increase the industrial solid waste re-cycle rate to 73% by 2020 and 79% 2025." (http://www.barrons.com/articles/which-stocks-win-from-chinas-generation-xi-1432260326)
Originally this plan consisted of a target to have 1M NEVs sold in 2020 (achieved in 2018); in 2019 there was an update, now China wants to have 25% of vehicle sales as NEVs in 2025. (https://www.bloomberg.com/news/articles/2019-12-03/china-raises-2025-sales-target-for-electrified-cars-to-about-25)
- 1Name: Share of renewables (%)Value: 80Base year: -Target year: 2050Comments: -
- 2Name: Blend of biofuel in diesel (%)Value: 25Base year: -Target year: 2025Comments: -