Economics
China Pledges Quality Growth, Tech Powerhouse in 5-Year Plan
- New plan seeks sustainable growth, stronger domestic demand
- Communist Party releases outline after four-day plenum meeting
This article is for subscribers only.
China unveiled the first glimpses of its economic plans for the next five years, promising to build the nation into a technological powerhouse as it emphasized quality growth over speed.
Initial details released by the Communist Party’s Central Committee Thursday stressed the need for sustainable growth and also pledged to develop a robust domestic market. The communique published by state media following a four-day closed-door meeting didn’t specify the pace of growth policy makers would target.