Beijing – The Standing Committee of the 14th Chinese People's Political Consultative Conference (CPPCC) National Committee concluded its 13th session on Tuesday afternoon, marking a major step in shaping China's next Five-Year Plan.
Drafting the 15th Five-Year Plan
At the core of the session was drafting the country's 15th Five-Year Plan (2026-2030). Wang Huning, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the CPPCC National Committee, presided over the closing meeting.
Wang urged political advisors to share ideas aimed at achieving socialist modernization by 2035, while meeting the social and economic targets, strategic tasks, reform measures, and construction projects outlined for 2026-2030.
Key Focus Areas
- Quality Productive Forces: Boosting innovation and productivity across industries.
- Expanding Domestic Demand: Strengthening local markets and consumer confidence.
- Digital and Real Economy Integration: Unlocking new growth through tech-driven sectors.
During the plenary session, 14 Standing Committee members presented insights on these themes, emphasizing how digital transformation can accelerate growth in emerging markets and support sustainable development.
Why It Matters
The decisions made here will influence China's economic trajectory and affect global supply chains, tech innovation, and green initiatives. For entrepreneurs, investors, and travelers, understanding these trends can highlight new opportunities in a rapidly evolving market.
As the world watches, the 15th Five-Year Plan will guide China's push toward modernization and economic resilience, shaping policies that could ripple through global industries and communities.
Reference(s):
Top political advisory body concludes standing committee session
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