The 15th Five-Year Plan period will be a key transitional stage in China's modernization process, according to Chinese Ambassador to Russia Zhang Hanhui.

Translation. Region: Russian Federation –

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

Moscow, November 6 (Xinhua) — The 15th Five-Year Plan period (2026-2030) will be a key transitional stage in China's modernization process. This was stated by Chinese Ambassador to Russia Zhang Hanhui in an article published Wednesday on the RIA Novosti website. The article is dedicated to the results of the 4th Plenary Session of the 20th Central Committee of the Communist Party of China, which was held from October 20 to 23 in Beijing.

"The main agenda of this plenary session was strategic planning for the further comprehensive deepening of reforms and the advancement of China's modernization. The plenary session systematized the invaluable experience accumulated since the inception of reform and opening-up, and, addressing the challenges of the current and future stages of development, dedicated itself to modernizing the system and capacity of public administration. The plenary session clearly stated that the 15th Five-Year Plan period (2026-2030) will be a key transitional stage in China's modernization process," noted Zhang Hanhui, explaining that the 15th Five-Year Plan was the third developed since entering a new era and the first on the new path of comprehensively building a modernized socialist state.

As noted in the publication, the work will focus on seven key areas: transition to high-quality economic growth; achieving technological independence and leadership; deepening comprehensive reforms; raising the level of social culture; continuously improving people's well-being; building an ecological civilization; and strengthening national security. "These development goals reflect China's relentless pursuit of high-quality development, high living standards, effective governance, and high-level opening-up in the new era. They will certainly elevate the cause of socialism with Chinese characteristics to new heights, laying a more solid foundation for achieving the goal of basically achieving socialist modernization by 2035," Zhang Hanhui noted.

The Chinese Ambassador to the Russian Federation believes that, in a challenging international environment characterized by a sluggish global economic recovery and heightened geopolitical tensions, China's development vector as the world's second-largest economy is attracting close attention. "Despite profound and complex changes in the external environment and the growth of unpredictable uncertainties, the Chinese economy possesses a solid foundation, numerous advantages, high resilience, and enormous potential," the diplomat asserted, adding that the trend of long-term favorable economic development for the PRC has not changed.

The article emphasizes that the advantages of socialism with Chinese characteristics, a vast domestic market, a comprehensive industrial system, and abundant human resources are becoming increasingly evident. Zhang Hanhui shared forecasts that the Chinese economy will reach approximately 140 trillion yuan by 2025, demonstrating a powerful domestic driving force and the effective interaction of macroeconomic policies. "China will unwaveringly adhere to economic construction as its primary mission, promote high-quality development as a key theme, regard reform and innovation as a fundamental driving force, and strive to meet the people's growing needs for a happy life as a primary goal, stimulating effective qualitative improvement of the economy while maintaining a reasonable quantitative growth rate. This will certainly inject more certainty and positive energy into a turbulent and changing world," he emphasized.

The diplomat recalled the words of Chinese President Xi Jinping, who noted that China does not seek modernization alone, but is ready to work with all countries to achieve common modernization based on peaceful development, mutually beneficial cooperation, and shared prosperity, with the goal of building a community with a shared future for humanity. The ambassador explained that the plenary session emphasized the need to expand high-level openness, safeguard the multilateral trading system, deepen international economic cooperation, leverage openness to promote reform and development, and share opportunities and develop jointly with countries around the world. "As China advances in new areas such as scientific and technological innovation, green transformation, the digital economy, and others, it will provide its global partners with a larger market, a greater variety of products, and more advanced technological solutions," the ambassador promised.

Zhang Hanhui noted that "institutional openness" was a key theme of the plenary session. "This means that China will accelerate the alignment of regulations, governance mechanisms, standards, and other institutional aspects with high-level international benchmarks. This will not only create a more stable, transparent, and predictable environment for foreign companies, but also provide greater institutional guarantees for attracting global capital, technology, talent, and other important resources to concentrate and develop them in China," he explained.

According to the ambassador, Beijing and Moscow are jointly striving to achieve national development and revival, as well as to uphold international justice. "We are fellow travelers on the path to modernization and reliable partners in implementing the Global Governance Initiative," he stated, emphasizing that under the strategic leadership of Chinese President Xi Jinping and Russian President Vladimir Putin, Chinese-Russian relations have reached an unprecedented high, while practical cooperation between the two countries is becoming increasingly profound and rich, mutual exchanges are expanding, and interaction on the international stage is strengthening.

Zhang Hanhui described the prospects for developing China-Russia relations as broad and promising. "At this new historical stage, the Chinese side is ready to work with the Russian side to follow the agreements reached by our leaders, strengthen solidarity and cooperation, set the right direction for global governance, promote world peace and common development, and jointly write new chapters in China-Russia relations and in building a community with a shared future for mankind!" the Chinese diplomat concluded.

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