The fourth plenary session of the 20th CPC Central Committee wrapped up in Beijing on October 23, marking a new chapter in the Chinese mainland’s modernization journey. 🚀 Here’s what you need to know:
- Bridging Two Plans: 14th Five-Year Plan (20212025) is nearly done, while the 15th (20262030) sets the stage for the 2035 modernization goal.
- Stability + Progress 🚄: The communique highlights “pursuing progress while ensuring stability,” a strategy behind ~5% growth, the world’s largest high-speed rail network, and renewable energy leadership.
- Backbone Industries ⚙️: Manufacturing, aerospace, transport, and cyberspace get a boost. Think electric vehicles, high-end robotics, and even commercial space launches.
- New Quality Forces 🌱: Tech, innovation, and talent combine through policies that link educational reforms with R&D to spread breakthroughs beyond labs into real-world industries.
- Digital China 🌐: The Digital China Initiative turns agriculture and logistics into data-driven powerhouses—like smart farms using drones and AI for yield boosts, similar to agri-tech trends in India and SEA.
- Demand-Driven Growth 💡: A new cycle where fresh consumer demand fuels supply, shifting toward services, health, culture, and green products—reflecting a mobile-first, experience-hungry generation.
By blending solid industries, cutting-edge tech, and rising household spending (from green gadgets to digital services), the Chinese mainland is aiming for shared prosperity and resilience. It’s a lot like how Grab powers SEA’s ride-share boom or mobile wallets transform daily payments in South Asia—tech supercharges everyday living. Stay tuned as the roadmap to 2035 unfolds! ✨
Reference(s):
cgtn.com
