中国观察-全国两会解读：以科技为核心的精准再平衡-China Musings-FYP Readout Tech-centric, Calibrated Rebalancing

The full text of the 15th Five Year Plan (FYP) reaffirms a tech-led, supply-centric growth strategy for 2026–30, with only a calibrated tilt toward consumption. Although raising consumption's share in GDP is highlighted as a key objective, the Plan offers only qualitative guidance. By contrast, the Plan provides explicit, quantifiable innovation and productivity targets ranging from R&D intensity and digital economy share to labor productivity, making technology upgrades and infrastructure the more actionab ...