China STAR Index Rises on Electronic Manufacturing Plan
The STAR Composite Index closed up 0.73 percent at 1,824.52 points on Tuesday. Beijing released a new five-year plan targeting 30 trillion yuan in revenue for the electronic sector by 2030.
The STAR Composite Index ended trading Tuesday at 1,824.52 points. The benchmark gained 0.73 percent during the session. This board tracks high-tech and strategic emerging sectors listed in Shanghai.
The broader STAR 50 Index showed stronger momentum. It climbed 1.55 percent to close at 1,551.96 points. The index covers the 50 largest and most liquid stocks on the market.
Beijing Sets 2030 Revenue Targets
China released its 15th Five-Year Plan for electronic information manufacturing. The strategy spans the period from 2026 to 2030. It aims to boost global competitiveness in key industrial sectors.
The plan sets a specific financial goal for the sector. Operating revenue for large enterprises must exceed 30 trillion yuan by 2030. This amount is equivalent to approximately 4.5 trillion U.S. dollars.
Research and development intensity is a central metric. The industry must reach a 3.5 percent R&D investment ratio. This target supports the creation of world-class global competitors.
Focus on AI and Semiconductors
The strategy outlines 17 specific tasks across four areas. Priorities include smart sensors and photonics development. It also targets the hardware foundation for artificial intelligence.
Consumer electronics will integrate more deeply with AI systems. Officials cited AI phones and AI glasses as emerging categories. These devices will drive upgrades in edge-side large models.
Key technologies under review include AI chips and high-bandwidth memory. These components are essential for the iterative upgrading of terminal devices. The plan seeks to lead or match global peers in these fields.
Institutional Support for Innovation
The Ministry of Industry and Information Technology drafted the plan. The National Development and Reform Commission provided joint approval. This coordination signals high-level government backing for the sector.
