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    <title>Economic Policy on k4i.com</title>
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      <title>China&#39;s 15th Five-Year Plan: What It Is and Why It Matters</title>
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      <description>&lt;p&gt;On March 12, 2026, China&amp;rsquo;s legislature formally approved the 15th Five-Year Plan for National Economic and Social Development, covering 2025–2030, along with an Outline of Long-Term Goals extending to 2035. The document had already cleared the Communist Party&amp;rsquo;s Central Committee before reaching the legislature — the approval was a formality, not a debate.&lt;/p&gt;&#xA;&lt;p&gt;The Five-Year Plan is one of the most consequential documents the Chinese state produces. It is not a budget. It is not a law. It is a framework — a statement of national priorities that cascades down through every level of government, every state-owned enterprise, and increasingly every major private firm operating in China. When the plan says semiconductors matter, capital flows toward semiconductors. When it says belt and road, contracts move.&lt;/p&gt;</description>
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