Zhao Leji

Chairman of the National People's Congress Standing Committee; Third-ranking Politburo Standing Committee member

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China unveils 15th Five-Year Plan as economy pivots from growth targets to tech self-reliance

As of May 2026: Presiding over NPC session reviewing Government Work Report and 15th Five-Year Plan

China adopted five-year economic planning from the Soviet Union in 1953. The 15th Five-Year Plan, unveiled March 5, 2026 at Beijing's Two Sessions, shifts from the growth-first model (dominant since Deng Xiaoping's 1980s reforms) toward technological self-reliance and economic security. The plan earmarks $70 billion for semiconductors and targets 5% GDP growth, per Premier Li Qiang's Government Work Report.

Updated May 30