15th Five-Year Plan And A New Growth Target.

As the National People's Congress (NPC) convenes in Beijing, officials have signaled a shift toward quality over quantity. For 2026, China is expected to set a more flexible economic growth target of 4.5% to 5%. The new 15th Five-Year Plan (2026–2030), which is being finalized this week, prioritizes new productive forces a term the government uses to describe high-tech manufacturing, AI, and green energy. The goal is to reduce reliance on the struggling property sector and instead drive the economy through domestic high-end innovation.

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