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China focuses on high-tech and consumers as trade wars hit economy

Euronews · Less Recent
Euronews
Euronews
Less Recent

An outline of the ruling Communist Party's blueprint for the next five years was laid out in a 5,000-word communique released on Thursday.

Breakdown
  • China unveils a five-year plan to reduce reliance on foreign technology.
  • The plan aims to boost domestic production amid trade tensions with the U.S. 5s
  • No major policy shifts are introduced despite ongoing global trade instabilities. 32s
  • China seeks to maintain its status as a global manufacturing powerhouse. 38s
  • The five-year plan reinforces central planning and President Xi's leadership. 45s
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