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China's New Five-Year Plan Aims for Economic Recovery

9/15/2025

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Story summary
  • Premier Li Qiang highlighted the need to strengthen China's economic recovery during the August 2025 State Council meeting.
  • The 15th Five-Year Plan (2026-30) will focus on resource mobilization for growth and construction projects.
  • It includes initiatives like consumption vouchers and support for retail and tourism.
  • The plan addresses challenges such as international uncertainty and domestic demand.
  • Priorities include innovation, green transformation, and enhancing education and healthcare.