Lifestyle Capitalism Pivot.
A surprising theme in the new 15th Five-Year Plan is the government's open embrace of lifestyle upgrades. Recognizing that the old model of infrastructure-led growth is slowing, Beijing is now actively subsidizing sectors once considered frivolous. There is massive new investment in high-end dining, boutique travel, and outdoor sports as a way to stimulate domestic spending. This shift suggests that the government now views the quality of life of the middle class—including fitness, gaming, and premium wellness services—as a primary engine for national economic stability.
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