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China’s New Five-Year Plan: Embracing Consumption-Driven Growth

12/26/2025

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Story summary
  • China's 15th Five-Year Plan (2026-30) shifts from investment-led growth to a consumption-driven model to stabilize the economy amid global challenges, with domestic consumption projected to exceed 90 trillion yuan and equal 60% of GDP.
  • The plan includes boosting urban and rural incomes, enhancing social security, and promoting sustainable development through renewable energy projects.
  • Experts suggest that adapting could yield a more resilient and inclusive economy, benefiting Sri Lanka.