Xi outlines major strategic priorities for 2026-2030 development plan

Chinese President Xi Jinping outlined the major strategic priorities in planning for national economic and social development in the 2026-2030 period during an inspection tour of China’s financial hub of Shanghai on Wednesday, emphasizing the importance of fostering new quality productive forces and advancing scientific and technological innovation. 

Xi made the inspection tour of Shanghai from Tuesday to Wednesday when China revs up efforts to fulfill the targets set in the 14th Five-Year Plan (2021-2025) in the final year of its implementation and to formulate the next five-year plan. 

China’s five-year plan is a key guiding document for medium-to-long-term economic and social progress, which sets the country’s overall goals, major tasks and policy orientation across various sectors over a five-year period.