China's new five-year plan shifts focus towards technological self-reliance amid rising US tensions

China's Communist Party elite outlined plans to enhance its industrial system and achieve technological self-reliance, pivoting to strengthen its stance in the escalating rivalry with the United States. The Central Committee of the Party disclosed objectives for the next five years, emphasizing efforts to bolster domestic demand and enhance people's livelihoods, areas that were previously neglected in favor of manufacturing and investment. In a closed-door meeting, 11 members were replaced, marking the highest personnel turnover since 2017, coinciding with an ongoing military corruption purge. As China faces heightened trade tensions with the US due to its overreliance on exports, analysts…