China’s five-year plan shifts focus to tech self-reliance and consumer spending By Investing.com
Update: 2025-11-02
Description
China unveils ambitious Five-Year Plan, focusing on technology and homegrown innovation, aiming to reduce dependence on foreign nations. The plan, covering 2026-2030, emphasizes slower but steady progress, with significant investments in research and development. China aims to transform industries, climb the global value chain, and boost social support for education, healthcare, and elderly care. The plan reflects a strategic shift away from real estate and towards factories and technology.
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