Home: Motoring > Universal Technology Group Bets Big on East China in 15th Five-Year Plan, Investing $14B to Build World-Class Machine Tool Enterprise

Universal Technology Group Bets Big on East China in 15th Five-Year Plan, Investing $14B to Build World-Class Machine Tool Enterprise

From:Internet Info Agency 2026-02-03 13:12:53

In 2026—the inaugural year of China’s “15th Five-Year Plan” (2026–2030)—China General Technology Group unveiled its strategic layout for the East China region in Nanjing, focusing on the high-end CNC machine tool industry and leveraging the Yangtze River Delta as a pivotal base to optimize its end-to-end “R&D + manufacturing + services” value chain. As the only central state-owned enterprise whose core mission centers on high-end CNC machine tools, the Group plans to invest over RMB 10 billion cumulatively during the 15th Five-Year Plan period, maintaining an R&D investment intensity of more than 10%, with the goal of ranking among the world’s top five machine tool manufacturers by 2030. The East China layout will fulfill the dual mandate of “high-end final assembly + market responsiveness.” Through five key initiatives—including deepening government-enterprise collaboration, building innovation hubs, and establishing high-end industrial bases—the Group aims to strengthen supply chain security and regional synergy. Additionally, it will prioritize growth in sectors such as new energy vehicles and aerospace, forging a nationwide integrated industrial network spanning Northeast China, the Beijing-Tianjin-Hebei region, East China, South China, and Southwest China.

Editor:NewsAssistant