Central Committee’s annual conclave next month is expected to focus on the country’s development plans up to 2030
The date was announced following a meeting of the Politburo on Monday that set the tone for the fourth plenary session, which will be attended by President Xi Jinping and more than 370 members of the party’s Central Committee.
The Politburo meeting was chaired by Xi and reviewed a draft proposal of the 15th five-year plan. That proposal will be endorsed at the plenum next month after revisions arising from the meeting, according to state news agency Xinhua.
The 14th five-year plan is now in its final year. Under the rules, the 15th plan covering 2026-2030 must be endorsed by a plenary session of the party, after which it will be submitted to the annual legislative session in March for final endorsement.
The meeting on Monday underlined a number of principles aired in previous economic policy documents, including “upholding the concentrated and unified leadership of the party”, and developing “new quality productive forces”, a phrase that stresses the need for hi-tech innovation and sustainable development.
It added that the leadership should strengthen the country in case of a “worst-case scenario”, and effectively resolve “risks of all kinds”.
Xi has repeatedly stressed that China must make itself stronger internally to better cope with external pressure, saying the “key to coping with all kinds of risks and challenges [is] staying focused, boosting confidence and concentrating on China’s own affairs”.
Although Chinese and US negotiators have reached a series of agreements on the future of TikTok and to halt an all-out trade war, most observers believe competition between the world’s two largest economies will continue across a broad range of areas.
In May, Xi underlined the need to take a “forward-looking approach” and consider the impact of the changing international landscape on the country. A one-month online public consultation on the plan was also launched that month.
The plenum will be held around one week before Xi heads to the Asia-Pacific Economic Cooperation summit in South Korea, where he is expected to meet his US counterpart, Donald Trump, on the sidelines.
It will also come just roughly a month and a half after Xi, flanked by the Russian and North Korean leaders Vladimir Putin and Kim Jong-un, presided over a
A five-year plan typically sets out both quantitative development goals across different sectors as well as strategic priorities such as important areas or industries to develop.
China adopted the model from the former Soviet Union, where the first two plans sparked a wave of industrialisation that leaders in Beijing sought to emulate as they rebuilt the nation after decades of war.
The plan typically outlines targets for key economic indicators, such as gross domestic product growth, income levels and the rate of urbanisation, alongside strategic development directions that are adjusted in response to socio-economic conditions.
The plenum is also expected to see a shake-up of the Central Committee. As of the end of September, eight of its members had been implicated in corruption investigations, including six who had been detained.
Jin Zhuanglong, former minister of the Ministry of Industry and Information Technology, also lost his job in February after disappearing from the public eye for two months. Jin is also expected to lose his seat on the Central Committee.