China's latest five-year plan aims for technological self-reliance

China's new five-year plan prioritizes technological self-reliance to mitigate foreign pressure. This policy proposal aims to reduce dependence on foreign products, especially in critical sectors like semiconductors and artificial intelligence. The plan is set to be officially adopted soon and precedes a summit between Presidents Trump and Xi Jinping. Beyond technology, China intends to strengthen domestic consumption and decrease its reliance on exports. This initiative builds upon previous plans that emphasized technological investment for economic recovery post-COVID-19. A significant focus is also placed on accelerating the green transformation, continuing growth in wind and solar industries. This new plan appears to be a strategic response to escalating trade tensions with the United States. By fostering domestic capabilities, China seeks to lessen its vulnerability to U.S. trade policies. The plan's emphasis on self-sufficiency suggests a long-term strategy for economic resilience. Overall, it signals China's commitment to strengthening its internal technological and economic foundations.