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Sector Stabilization Plans Offer Sneak Peek Into China’s 15th Five-Year Plan
Key Takeaways
- Beijing’s new industry stabilization plans prioritize innovation-driven growth and technological self-reliance to enhance long-term competitiveness.
- The campaign’s goal is not to cut overall capacity but to restructure it, replacing duplicative, low-end production with consolidated, high-tech industrial clusters designed for efficiency and resilience.
- The plans are a rehearsal for China’s next five-year plan, signaling that foreign firms’ market access will increasingly hinge on localization, technology partnerships, and alignment with national priorities.