#five-year-plan-2026-2030

#five-year-plan-2026-2030

Richard Yu promises that Huawei will expand satellite connectivity to lower-priced devices, ensuring that it won't be confined to high-end models only. This initiative marks a new chapter in the company's journey, addressing the connectivity struggles that persist due to insufficient mobile network coverage.

The Goddess escalator, which takes almost 21 minutes to ascend, is almost certainly the world's largest of its kind, cutting through the center of Wushan and rising straight into the sky.

The meeting made clear, based on the requirements set out in the 2021 joint notice issued by ten government agencies, that stablecoins are considered a form of virtual currency. At present, they cannot adequately meet requirements for customer identification, anti-money-laundering compliance, or related regulatory standards. They also carry significant risks of being used for money laundering, fraudulent fundraising, and illegal cross-border capital transfers.

The 15th iteration of the five-year plan, an economic roadmap for 2026 to 2030, also set targets for inflation, the fiscal deficit ratio and urban unemployment. China has set the longterm goal of becoming a moderately developed country by 2035 and raising gross domestic product (GDP) per capita to $20,000.

China's approach to AI is architecturally different. Where Western tech companies have largely pursued AI as a product category - chatbots, copilots, and standalone tools that can be sold to enterprises - China has treated AI as infrastructure: a utility layer woven into the fabric of commerce, logistics, government services, and daily life.

Premier Li Qiang emphasized 'the need to accelerate self-reliance in high-level science and technology' against a background of 'unilateralism and protectionism escalating abruptly,' referencing Trump administration trade policy, while highlighting China's recent advances in independent chip research and development and noting integrated circuit output rose 10.9 percent last year.

The lowered growth figure reflects China's economic slowdown, triggered in part by the collapse of the country's property sector, which once accounted for between 25 and 30 percent of GDP. The growth target is quite realistic, the Economist Intelligence Unit's China economist Tianchen Xu said, noting the figure reflected China's trend towards more conservative expectations.

While recognizing our achievements, we are also clear-eyed about the difficulties and challenges we face. The government is striving to balance two goals: reviving the flagging economy by boosting domestic spending while also furthering top leader Xi Jinping's ambitions to build China into a global power in AI, robotics and other advanced technologies and one that is not dependent on the U.S. or others for high-end semiconductors and other components.

When Keir Starmer met Xi Jinping recently, reporters said the British prime minister was shocked at his Chinese counterpart calling Crystal Palace Palace, liking Manchester City and Arsenal and supporting Manchester United. The reasons can be guessed. Fan Zhiyi was popular at Selhurst Park in the late 1990s, Sun Jihai was a cult hero at Maine Road and Manchester United had Dong Fangzhuo. The president of the world's second most populous country and second biggest economy didn't, however, mention Everton.

A decade ago, China's political leaders laid out an ambitious industrial plan: By 2025, they pledged, their country would be a world capital, with the goal of moving from "Chinese speed to Chinese quality, the transformation of Chinese products to Chinese brands." This is the difference, they wrote, between "Made in China" and "Created in China." At WIRED, we never take what the government (ours or anybody else's) says at face value.

China's official discourse centres on the idea of peaceful rise, the commitment to non-interference in internal affairs, respect for sovereignty and territorial integrity, and economic partnerships based on mutual benefit. Beijing insists that relations with Washington should not slide into conflict, calling for a system of global governance built on cooperation rather than confrontation. Yet the geopolitical landscape reveals a wide gap between this discourse and reality. Donald Trump's return to the White House has brought back rhetorical escalation and increased geopolitical pressure.

Indian Prime Minister Narendra Modi's government has unveiled its annual budget, aiming for steady growth in an uncertain global economy rocked by recent tariff wars. Finance Minister Nirmala Sitharaman presented the budget for the 2026-2027 financial year in Parliament on Sunday, prioritising infrastructure and domestic manufacturing, with a total expenditure estimated at $583bn. India's economy has so far weathered punitive tariffs of 50 percent imposed by United States President Donald Trump over New Delhi's imports of Russian oil.

When meeting United States President Donald Trump in the Oval Office in September, Pakistan's army chief, Field Marshal Asim Munir, opened a briefcase with Prime Minister Shehbaz Sharif standing next to him. Inside were a set of glistening minerals. Their display was part of Pakistan's latest offer to the Trump administration: The country was willing to open up its minerals to US investment.