China to unveil new five-year plan at National People’s Congress

China will unveil its 15th Five-Year Plan for 2026-2030 during the National People’s Congress (NPC) starting this Thursday in Beijing. The plan will address challenges such as the economic impacts of the U.S.-China trade tensions and declining consumer confidence. Analysts anticipate a focus on technological self-reliance and initiatives in sectors like AI and renewable energy, as well as strategies to combat excessive competition among domestic companies.

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