Beijing makes serious push to drive consumption

China’s new five-year plan for 2026–2030 marks a decisive policy shift, placing domestic consumption and reform at the core of its growth strategy.

China’s new five-year plan for 2026 to 2030 sets the stage for a decisive shift in the country’s economic strategy — one that places domestic consumption and reform at the heart of policy and moves away from the long-standing reliance on infrastructure and property investment. Analysts say the latest plan, which places greater weight on reform than its predecessor, could mark a turning point in China’s growth model.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media