China made great progress in modernization of industrial chains and supply chains in recent years，which mainly reflected by getting into new stage of application experiments of industrial chains and supply chains，forming inclusive and coordinated development of large medium and small enterprises，steadily progress in building capacity of autonomous control of industrial chains and supply chains，acceleration digital and greening transformation of industrial chains and supply chains，and preliminary formation of risk managing mechanism of industrial chains and supply chains. In the future China will facing four kinds of challenges such as the following：the lagging in elementary structure upgrading、imbalance between industrial chains and innovation chains，which influencing transformation and upgrading of industrial chains and supply chains，imbalance of regions influencing space optimizing of industrial chains and supply chains，generalizing risk of U.S industrial policy influencing stability of industrial chains and supply chains，adjustment of enterprises supply chains strategy creating uncertainty. in the future China would make an effort in integrating industrial chains and supply chains among regions and between innovation chains and industrial chains and supply chains，and in promoting the capacities of expanding integrating into global industrial chains and supply chains，and coordinating relationships between industrial policy on modernization of industrial chains and supply chains and functional generalized industrial policy，and strengthening risk warning mechanism. And preventing mechanism of industrial chains and supply chains.