Understanding China's New Economic Blueprint Amid Escalating US Relations

Key Topics in this News Article:
News Snapshot:

Heading into its major annual political meeting, the Chinese Communist Party is expected to unveil a five-year economic plan to address domestic innovation, security, and stability amid heightened tensions with the U.S. The agenda includes significant investments into areas like artificial intelligence, robotics, and semiconductors, key aspects in the geopolitical rivalry between the two nations. The forthcoming plenum from October 20 to 23 will focus on mapping out China's medium-term economic and technological aspirations that could reshape global market dynamics. The new five-year plan is anticipated to build on the previous "Made In China 2025" strategy, which propelled the country…