The industrial foundation strengthening project is an important component of the strategy for boosting China's strength in manufacturing development, serving as a crucial strategic endeavor to promote the high-quality development of China's manufacturing sector. The project has been implemented for a decade since 2015, initially mitigating the issue of China's weak industrial foundation capabilities and accumulating significant experiences. This study outlines the evolvement of the industrial foundation strengthening concept, elucidates its pivotal role in strengthening the manufacturing sector of the country, and reviews the decade-long development of the project. Subsequently, it summarizes the achievements and insights gained in industrial foundation development, and projects the visions for industrial foundation development over the next five and ten years. It is proposed that advancing the high-end development of industrial foundations is a long-term, strategic, and systematic project that requires sustained efforts. The study is expected to provide a reference for promoting industrial foundation innovation during the 15th Five-Year Plan period and advancing the strategy of boosting China's strength in manufacturing development by 2035.