Abstract
The 14th Five-Year Plan for China National Economic and Social Development and the long range objectives Through the Year 2035 were adopted at the fifth plenary session of the 19th CPC Central Committee which closed in October. China will pursue innovation-driven development and shape new development advantages, the country will uphold the central role of innovation in its modernization drive and take self-reliance in science and technology as strategic under pinning for national development. All industries in China are facing a new situation of industrial transformation and upgrading. During this period, some new industries will also be born. Therefore, new industrial planning will become more important. This will play an important role in the development of China's industrial economy in the future.
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