Economic Growth and Development Goals - The "14th Five-Year Plan" aims for an economic growth target of around 5% during the period, aligning with the long-term goal of achieving modernization by 2035[2] - By 2024, China's per capita GDP is projected to be $13,303, indicating the need for further efforts to reach the level of middle-income developed countries[2] Modern Industrial System - The plan emphasizes the construction of a modern industrial system, with advanced manufacturing as a key focus, to ensure the stability of the manufacturing sector[3] - The strategy includes enhancing the safety of industrial supply chains and promoting high-end equipment and aerospace industries as main areas for growth[3] Technological Innovation - The report highlights the importance of self-reliance in technology, with a focus on original innovation and tackling key core technologies, particularly in semiconductors and industrial software[3] - Basic research funding is expected to increase from the current 6% to support these initiatives[3] Domestic Demand and Economic Circulation - The emphasis on domestic demand has shifted to a model where new demand leads to new supply, aiming to strengthen the domestic economic cycle[3] - The construction of a unified national market is prioritized to enhance the resilience and reliability of domestic circulation[3] Agricultural and Rural Modernization - The plan includes improving rural living conditions and services to reduce urban-rural disparities, with a focus on modernizing agriculture[4] - Key regions like the Greater Bay Area and Yangtze River Delta are expected to play significant roles in national development[4] Cultural Development - The "14th Five-Year Plan" stresses the strategic importance of cultural development in enhancing national strength and international influence[4] - It aims to foster cultural innovation and creativity to support the overall development of socialism[4] Social Welfare and Real Estate - The principle of "people first" is emphasized, indicating a commitment to social welfare and high-quality development in the real estate sector[4] - The report suggests that real estate will be treated as part of social welfare rather than a risk sector, indicating potential support for the industry[4] Economic Stability Measures - The meeting underscored the need to achieve annual economic and social development goals, with a focus on maintaining a 5% growth target for 2025[4] - Recent policies include the introduction of 500 billion yuan in new policy financial tools to support economic stability[4]

在此基础上再奋斗五年，到二〇三五年实现我国经济实力、科技实力、国防实力、综合国力和国际影响力大幅跃升，人均国内生产 总值达到中等发达国家水平，人民生活更加幸福美好，基本实现社会主义现代化。 "十五五"时期经济社会发展的主要目标： 高质量发展取得显著成效，科技自立自强水平大幅提高，进一步全面深化改革取得新突破，社会文明程度明显提升，人民生活品质 不断提高，美丽中国建设取得新的重大进展，国家安全屏障更加巩固。 来源：人民日报微信 责编：万健祎 校对： 刘星莹 版权声明 证券时报各平台所有原创内容，未经书面授权，任何单位及个人不得转载。我社保留追 究相关 行 为主体法律责任的权利。 转载与合作可联系证券时报小助理，微信ID：SecuritiesTimes END 点击关键字可查看 潜望系列深度报道丨 股事会专栏 丨 投资小红书 丨 e公司调查 丨 时报会客厅 丨 十大明星私募访谈 丨 尾盘突发！多只A股，直 拉涨停 丨 中美将在马来西亚举行经贸磋商 丨 利好！两大板块，涨停潮！ 丨 史上首次！突破38万亿美元！美股大跌 丨 突发！ 特朗普宣布：取消！ 丨 深夜暴涨，多次熔断！4天12倍，又见散户逼空？ 丨 6051 ...

Core Views - The "15th Five-Year Plan" period is crucial for achieving socialist modernization and serves as a transitional phase [3] - The main goals for the "15th Five-Year Plan" period include adherence to the Party's leadership, prioritizing the people, promoting high-quality development, and deepening reforms [4] Economic and Social Development Principles - Economic and social development during the "15th Five-Year Plan" must follow several principles, including effective market and proactive government collaboration, and balancing development with security [4] Achievements and Future Goals - Significant progress has been made in high-quality development, technological self-reliance, social civilization, and improving people's living standards, with a goal to elevate economic and technological strength by 2035 [5] Key Initiatives Proposed - Establish a modern industrial system to strengthen the foundation of the real economy - Accelerate high-level technological self-reliance to lead new productive forces - Build a strong domestic market and create a new development pattern - Enhance the socialist market economy system to boost high-quality development - Expand high-level opening up to foster win-win cooperation - Promote agricultural modernization and rural revitalization - Optimize regional economic layout for coordinated development - Stimulate cultural innovation and development of socialist culture - Increase efforts to improve people's livelihoods and promote common prosperity - Advance comprehensive green transformation for a beautiful China - Modernize national security systems and capabilities for a safer China - Achieve the centenary goals of the military and advance defense modernization [6]

来源：人民日报微信 （原标题："十五五"主要目标！） "十五五"时期经济社会发展的主要目标： 高质量发展取得显著成效，科技自立自强水平大幅提高，进 一步全面深化改革取得新突破，社会文明程度明显提升，人民生活品质不断提高，美丽中国建设取得新 的重大进展，国家安全屏障更加巩固。 在此基础上再奋斗五年，到二〇三五年实现我国经济实力、科 技实力、国防实力、综合国力和国际影响力大幅跃升，人均国内生产总值达到中等发达国家水平，人民 生活更加幸福美好，基本实现社会主义现代化。 ...

Core Points - The 20th Central Committee's Fourth Plenary Session was held in Beijing from October 20 to 23, 2025, where the "Suggestions on Formulating the 15th Five-Year Plan for National Economic and Social Development" were reviewed and approved [1] Group 1: Achievements and Goals - The "14th Five-Year Plan" major goals are nearing successful completion, with significant achievements in economic strength, technological capability, and overall national power [2] - The "15th Five-Year Plan" period is identified as a critical phase for solidifying the foundation of socialist modernization and fully unleashing development potential [3] - The plan emphasizes the need for high-quality development, with significant improvements in technological self-reliance and breakthroughs in comprehensive reforms [6] Group 2: Guiding Principles - The guiding principles include maintaining a focus on economic construction, promoting high-quality development, and ensuring the comprehensive governance of the Party [4][5] - The plan outlines six key principles, including the Party's comprehensive leadership and prioritizing the people's needs [5][6] Group 3: Major Deployments - Twelve important deployments were made, including building a modern industrial system, accelerating technological self-reliance, and enhancing the domestic market [6][7][8][9][10][11][12][13] - The plan aims for significant advancements in economic strength, technological capability, and overall national influence by 2035, with a target of achieving a per capita GDP at the level of moderately developed countries [6] Group 4: Current Situation and Policy - The current economic and social development goals for the year must be firmly achieved, with macro policies needing to maintain momentum and adapt as necessary [14][15] - Emphasis is placed on ensuring livelihood security and maintaining safety and stability [16][17]

Core Viewpoint - The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China emphasizes the importance of the "15th Five-Year Plan" period for achieving socialist modernization and outlines key principles and goals for economic and social development [1][2]. Group 1: Key Period - The "15th Five-Year Plan" period is crucial for laying the foundation for socialist modernization and plays a significant transitional role in the overall process [2]. Group 2: Principles to Follow - Economic and social development during the "15th Five-Year Plan" must adhere to the following principles: - Upholding the Party's comprehensive leadership - Prioritizing the people - Focusing on high-quality development - Deepening reforms comprehensively - Combining effective markets with proactive government - Balancing development with security [5]. Group 3: Main Goals - The primary goals for the "15th Five-Year Plan" period include: - Achieving significant results in high-quality development - Substantially improving self-reliance in technology - Making new breakthroughs in comprehensive reforms - Enhancing social civilization - Continuously improving people's quality of life - Making major progress in building a beautiful China - Strengthening national security [3]. Group 4: Proposed Initiatives - Key initiatives include: - Building a modern industrial system to strengthen the foundation of the real economy - Accelerating high-level technological self-reliance to lead new productive forces - Developing a strong domestic market and constructing a new development pattern - Enhancing the socialist market economy system to boost high-quality development - Expanding high-level opening-up for win-win cooperation - Promoting agricultural modernization and rural revitalization - Optimizing regional economic layout for coordinated development - Stimulating cultural innovation and development - Improving people's livelihoods and promoting common prosperity - Advancing green transformation for sustainable development - Modernizing national security systems and capabilities [6][7].

Group 1 - The main goals for the "14th Five-Year Plan" period include significant achievements in high-quality development, a substantial increase in technological self-reliance, and breakthroughs in comprehensive reforms [2][4] - There will be a notable improvement in social civilization, enhancement of people's quality of life, and major progress in building a beautiful China [2][4] - By 2035, the aim is to achieve a significant leap in economic strength, technological capability, national defense, comprehensive national power, and international influence, with per capita GDP reaching the level of moderately developed countries [2][4]

https://t.co/VroZmB5ScW外汇交易员 (@myfxtrader):#观察 四中全会公报的部分表述边际变化任务分析：“十四五”时期——全面建设社会主义现代化国家开局起步的关键时期。“十五五”时期——基本实现社会主义现代化夯实基础、全面发力的关键时期，在基本实现社会主义现代化进程中具有承前启后的重要地位。思想：“斗争精神”到“历史主动精神”；安全： ...

#观察 四中全会公报的部分表述边际变化任务分析：“十四五”时期——全面建设社会主义现代化国家开局起步的关键时期。“十五五”时期——基本实现社会主义现代化夯实基础、全面发力的关键时期，在基本实现社会主义现代化进程中具有承前启后的重要地位。思想：“斗争精神”到“历史主动精神”；安全：新增“国家安全屏障”；提高公共安全治理水平；科技：新增“加强原始创新”（强调基础研究，针对卡脖子问题）；消费：“全面促进消费”转为“大力提振消费”；“惠民生和促消费”作为战略基点，强调消费与民生、投资的平衡协同；新增“投资于物和投资于人紧密结合”；民生：“房地产高质量发展”；“人口高质量发展”（针对老龄化、低生育）。外汇交易员 (@myfxtrader):#四中全会 #全文 中国共产党第二十届中央委员会第四次全体会议公报： https://t.co/wHXYw6xxvl ...

#观察 四中全会公报的部分表述边际变化任务分析：“十四五”时期——全面建设社会主义现代化国家开局起步的关键时期。“十五五”时期——基本实现社会主义现代化夯实基础、全面发力的关键时期，在基本实现社会主义现代化进程中具有承前启后的重要地位。思想：“斗争精神”到“历史主动精神”；安全：新增“国家安全屏障”；提高公共安全治理水平；科技：新增“加强原始创新”（强调基础研究，针对卡脖子问题）；民生：“房地产高质量发展”；“人口高质量发展”（针对老龄化、低生育）。外汇交易员 (@myfxtrader):#四中全会 #全文 中国共产党第二十届中央委员会第四次全体会议公报： https://t.co/wHXYw6xxvl ...