A think tank report, which elaborates on China’s economic and social development blueprint for the 15th Five-Year Plan period (2026-2030), was released on Friday at a seminar on understanding the fourth plenary session of the 20th Communist Party of China Central Committee in Beijing.

The report, jointly released by the national high-level think tanks of the Central Institute of Party History and Literature and Xinhua News Agency, summarises the major achievements in economic and social development during the 14th Five-Year Plan period (2021-2025) and outlines the strategic plans for economic and social development for the 15th Five-Year Plan period.

According to the report, China’s development trajectory during the 14th Five-Year Plan period has been truly momentous and extraordinary. The country’s economic strength, scientific and technological capabilities, and composite national strength have reached new heights, while its cultural soft power and the influence of Chinese culture have increased significantly. This marks a solid and powerful stride forward on the great journey toward building a modern socialist country in all respects.

The major objectives for economic and social development for the 15th Five-Year Plan period include: significant achievements in high-quality development; substantial improvements in scientific and technological self-reliance and strength; fresh breakthroughs in further deepening reform comprehensively; notable cultural and ethical progress across society; further improvements in people’s quality of life; major new strides in advancing the Beautiful China Initiative; and further advances in strengthening the national security shield, the report said.

The report also provides a comprehensive overview of the fundamental principles guiding China’s economic and social development, including upholding the party’s overall leadership, putting the people first, pursuing high-quality development, comprehensively deepening reform, promoting both an efficient market and a well-functioning government, and ensuring both development and security.

According to the report, China, with its unique, systematic five-year plans, will contribute more of its strengths to addressing global challenges in a manner that aligns with both its domestic needs and the world’s aspirations.

In a world full of changes and uncertainties, the formulation and implementation of the 15th Five-Year Plan will enable China to maintain its role as the major engine and anchor of world peace and development, presenting a vision of unwavering and enduring certainty to the global community, the report said.