China’s New 5-Year Plan: A High-Stakes Bet on Self-Reliance that Won’t Fix an Unbalanced Economy

China’s New 5-Year Plan: A High-Stakes Bet on Self-Reliance That Won’t Fix an Unbalanced Economy

The latest blueprint from Beijing stresses ‘self-reliance’ and ‘high-quality development.’ But is that enough to offset weak domestic growth and poor consumption?

China's bet on self-reliance won’t fix an unbalanced economy

Every few years since 1953, the Chinese government has unveiled a new master strategy for its economy: the all-important five-year plan. For the most part, these blueprints have been geared at spurring growth and unity as the nation transformed from a rural, agrarian economy to an urbanized, developed powerhouse. The task that faced China’s leaders […] The post China’s bet on self-reliance won’t fix an unbalanced economy appeared first on Asia T…

China’s new 5-year plan: A high-stakes bet on self-reliance that won’t fix an unbalanced economy

Every few years since 1953, the Chinese government has unveiled a new master strategy for its economy: the all-important five-year plan. For the most part, these blueprints have been geared at spurring growth and unity as the nation transformed from a rural, agrarian economy to an urbanized, developed powerhouse. The task that faced China’s leaders as they met in early October 2025 to map out their 15th such plan was, however, complicated by two…

China’s Top Provincial Economy Feels Heat as Jiangsu Narrows Gap

China’s Top Provincial Economy Feels Heat as Jiangsu Narrows Gap - Guangdong saw fixed-asset investment fall 14.1% in the first three quarters, driven by slumps in manufacturing, allowing its closest competitor to gain ground

China services activity expands at slowest pace in 3 months

China’s services activity expanded in October even though growth was the weakest in three months, a private survey showed, as holiday spending and travel by households insulated the industry from a deepening economic slowdown, reports Bloomberg. The RatingDog China services purchasing managers’ index slipped to 52.6 from 52.9 in September, according to a statement published […]

China’s New Development Roadmap Aligns with New Phase of Global Development, Says Russian Envoy

An overseas buyer takes photos of a robot dog during the 138th edition of the China Import and Export Fair, also known as the Canton Fair, in Guangzhou, south China's Guangdong Province, Oct. 16, 2025. (Photo/Xinhua) Moscow - China's in-the-making 15th Five-Year Plan (2026-2030) corresponds to the new stage of global development, said Boris Titov, Special Envoy of the Russian President for International Cooperation in Achieving Sustainable Devel…