Blueprint for coming years holds opportunities for HK

Proposals for China's 15th Five-Year Plan (2026-30), expected to be announced after the fourth plenary session of the 20th Central Committee of the Communist Party of China from Oct 20 to 23, are poised to place the country firmly on the path toward Chinese modernization and national rejuvenation.

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This 15th Five-Year Plan represents a pivotal phase in a journey that began with the 14th Five-Year Plan in 2021, which sought to accelerate Chinese modernization through a combination of strong Party leadership and effective use of market forces.

Over the past five years, China has deepened economic liberalization, fostered entrepreneurship, diversified trade and investment, expanded free trade zones, and accelerated technological development. These measures have laid a solid foundation for harnessing “new quality productive forces”, particularly artificial intelligence, toenhancethe country's competitiveness and innovation capacity.