China maps out major reforms for next five years, with tech innovation key to its long-term vision

A key focus of the swathe of reforms involved numerous measures to support a national drive for “new quality productive forces”. - AFP

BEIJING/SINGAPORE: China has released a major political document outlining some 300 reform measures to be implemented over the next five years, as it transitions towards a more sustainable and innovation-driven growth model amid pressing economic and geopolitical headwinds.

The document, a result of the third plenary meeting of the Communist Party’s central committee held from July 15 to 18, outlined economic, social and political reform measures in broad strokes – as is typical of such documents – with policies and implementation to be rolled out later.