China to Unveil Five-Year Plan as Two Sessions Open This Week
China’s 15th Five-Year Plan aims for around 4.5–5% GDP growth, prioritizing technological self-reliance, AI, and advanced manufacturing amid economic and geopolitical challenges.
- On March 4, China opens the Two Sessions in Beijing, with the NPC expected to approve and publish the 15th Five-Year Plan during the meetings, which start on March 4.
- Amid slower growth and property strain, China faces slower structural growth, a prolonged property slump and demographic pressures shaping policy choices as Beijing aims to sustain around 5 per cent growth without stronger stimulus.
- Provincial signalling shows caution, with many regions lowering growth goals; analysts expect a GDP target of 4.5 to 5 per cent when the NPC opens on March 5.
- Observers will watch personnel signals after PLA probes that placed Zhang Youxia, CMC first-ranking vice chairman, and Liu Zhenli, CMC member, under investigation and revoked nine military delegates last week.
- Analysts say the new five-year plan will prioritise technological self-reliance as the 15th Five-Year Plan institutionalises state-led growth and tests household consumption versus industrial investment.
64 Articles
64 Articles
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