China bets big on advanced technology in its five-year plan to revive the economy.
For decades, China powered spectacular growth through exports, infrastructure and cheap credit. But that old model is running out of steam, even as it hits a record trade surplus with the world this year.
The property sector is drowning in debt, confidence is fading, and consumers are holding back. Now, Beijing faces its toughest test yet: how to keep the world’s second-largest economy growing without relying much on the engines that once drove it.
A new five-year plan promises “high-quality growth” built on technology and self-reliance. But trade tensions with the United States could make the climb even steeper.
Published On 23 Oct 2025
