LATEST ISSUE
2025 No. 06
Explanation of the Recommendations of the Central Committee of the Communist Party of China for Formulating the 15th Five-Year Plan for National Economic and Social Development
Formulating medium- and long-term plans to guide economic and social development is an important means by which our Party governs the country. As we will accomplish the 14th Five-Year Plan (2021-2025) this year, it is necessary to work out the 15th Five-Year Plan (2026-2030). Fulfilling this task is of vital importance for facilitating the sustained and sound development of our economy and society and putting China on firmer foundations for basically achieving socialist modernization as planned.
Understanding the Major Points and Requirements of the Recommendations for Formulating the 15th Five-Year Plan for National Economic and Social Development
The draft document consists of 15 parts divided into 3 main sections, encompassing a total of 61 articles and approximately 20,000 words. It defines the guiding philosophy, core principles, and major objectives for economic and social development during the 15th Five-Year Plan period and outlines the strategic tasks and main measures necessary to achieve these objectives, thereby serving as a comprehensive action plan for China’s medium- to long-term social and economic development.
Ensuring Decisive Progress in Basically Realizing Socialist Modernization
We must maintain strategic resolve and enhance our confidence in success. We must proactively identify, respond to, and steer changes, demonstrate the courage and competence to carry forward our struggle, and dare to brave high winds, choppy waters, and even dangerous storms. We must seize the historical initiative to overcome difficulties, combat risks, and confront challenges, and focus on managing our own affairs well. We will write yet another chapter on the miracles of rapid economic growth and long-term social stability, secure decisive progress toward basically realizing socialist modernization, and open up new horizons for Chinese modernization.
China’s Major New Achievements in Economic and Social Development During the 14th Five-Year Plan Period
Throughout the 14th Five-Year Plan period, China has stayed committed to the general principle of pursuing social and economic progress while ensuring stability. High-quality development has remained our central focus, and reform and innovation have served as the fundamental engines of growth.
Profound and Intricate Changes Facing China’s Development Environment During the 15th Five-Year Plan Period
At present and for some time to come, momentous changes of a magnitude not seen in a century will continue to accelerate across the world. Intertwined with these changes will be disturbances, which will become more pronounced as changes unfold. All this will mean both rare opportunities and grave challenges for China's development.
Improving the Modern Integrated Transportation System
Transport connects production with consumption, and links domestic and international markets, spanning the entire chain from production to distribution and consumption. It serves as essential support for smooth economic flow. During the 14th Five-Year Plan period, the composition of the transportation sector underwent deep adjustment while services became more economical and efficient.
Accelerating the Development of a Modern Water Network
A modern water network is a foundational, strategic, and pioneering public facility and service system of the country, which plays a crucial role in coordinating flood control, water resources, aquatic ecosystems, and aquatic environments. Therefore, it is essential to safeguarding China's water security and advancing Chinese modernization.
Promoting the Integrated Development of Education, Science and Technology, and Human Resources
The Recommendations makes establishing “a basic framework for the integrated development of education, science and technology, and human resources” a key objective of the 15th Five-Year Plan. It sets out systematic plans and clear requirements to coordinate efforts to build national strength in these fields and to accelerate the development of globally influential centers.
Exclusive Interview | Advancing Reform for the Market-Based Allocation of Production Factors
China has entered a stage of high-quality development, deepening reforms for the market-based allocation of production factors will help break down local protectionism and market segmentation. Beyond this, they will help accelerate the development of a high-standard socialist market economy by further boosting and unleashing the potential of our vast market, promoting smooth domestic economic flows, and strengthening the endogenous drivers and innovative vitality underpinning growth.
