2026 Government Work Report: Key Priorities Outlined for Integrated Circuits

On March 5, 2026, the Chinese Government Work Report outlined key development directions for the science and technology industry during the 16th Five-Year Plan period (2026-2030). The report explicitly calls for promoting the enhancement of software service value and supporting the development of public cloud, which directly relates to the software industry. Simultaneously, the report emphasizes implementing new infrastructure projects such as ultra-large-scale intelligent computing clusters and computing-power-electricity coordination, and creating an upgraded version of '5G+Industrial Internet.' These measures are expected to create a vast market for software applications and cloud services. Furthermore, the report proposes strengthening support for the listing, financing, mergers, and acquisitions of technology-based enterprises in key core technology fields, providing policy convenience for capital operations and innovation within the software industry.