As China finalizes its 15th Five-Year Plan (2026–2030) during this critical modernization phase, international observers are analyzing how the world's second-largest economy will shape global development. The blueprint adopted at the fourth plenary session of the 20th CPC Central Committee outlines strategies promising shared prosperity through institutional reforms and technological innovation.
Economic Stabilizer in Turbulent Times
Maintaining an average 6% GDP growth since 2012, China contributed 30% of annual global growth during the 14th FYP period. With projections showing each percentage point of Chinese growth boosting other economies by 0.3 points, the new plan emphasizes institutional opening-up and multilateral cooperation to counter protectionist trends.
Trade Frontiers Expand
China's supersized market continues attracting global partners, with 49,000 new foreign-funded enterprises established in the first three quarters of 2025 alone – a 16.2% year-on-year increase. The 22 operational pilot free trade zones and upgraded Belt and Road cooperation mechanisms create unprecedented opportunities in services sector access and digital trade integration.
Innovation Ecosystem Matures
With R&D expenditure surpassing $500 billion in 2024, China now ranks among the world's top 10 innovative economies. The plan prioritizes cross-border technology collaboration, particularly in green energy and AI development, positioning China as a critical partner in solving global challenges.
As nations prepare for post-2025 economic realities, China's commitment to high-standard international rules alignment through mechanisms like the CPTPP suggests a transformative phase in Asia-led globalization.
