China's Ministry of Industry and Information Technology, along with other departments, issued a series of plans on Friday to promote stable growth in key industries and accelerate high-quality development.

The building materials industry is vital for the improvement of living conditions. The growth of value-added industrial output is targeted at around 3.5 percent in 2023 and 4 percent in 2024, with efforts made to enhance the industry's level of high-end, intelligent and green development.

Similarly, the steel industry, a foundation of many sectors, aims to attain stable value-added industrial output growth of around 3.5 percent in 2023 and bump it to over 4 percent in 2024.

On the other hand, the petrochemical industry is integrated into many industrial chains. Its average annual growth rate is aimed at about 5 percent in value-added industrial output for both years.

Essential for the development of strategic emerging sectors and national defense technology, the non-ferrous metals industry targets the most ambitious growth rates. Value-added industrial output growth is targeted at 5.5 percent in 2023, and even greater in 2024.

These industries are pillars of the national economy. Therefore, their stable growth is crucial for overall economic development. Setting clearly defined goals for each industry evidences the country's commitment to stabilizing the national economy.