China Focuses on High-Quality Growth in 15th Five-Year Plan Draft

Chinese Premier Li Qiang has called for intensified efforts to finalize the 15th Five-Year Plan (2026-2030) outline during a State Council meeting this week, emphasizing innovation-driven growth and structural economic upgrades as Asia's largest economy prepares for its next development phase.

Strategic Priorities

The draft plan aims to establish policy frameworks for cultivating new productive forces, with particular focus on sci-tech breakthroughs and domestic demand expansion. Premier Li stressed the need to 'set targets that promote high-quality growth while maintaining economic stability,' positioning the plan as a roadmap for sustainable development through 2030.

Balancing Growth and Innovation

Key discussion points included:

  • Accelerating next-generation industrial transformation
  • Designing major infrastructure projects to stimulate domestic markets
  • Reforming policy mechanisms to remove innovation bottlenecks

Vice Premier Ding Xuexiang and other senior officials participated in the meeting, which concluded with directives to align the plan with public welfare improvements and emerging economic opportunities.

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