Facing a volatile world, Beijing has renewed its focus on economic and industrial planning.

The Communist Party’s Central Committee will discuss the next five-year plan – the country’s 15th – at a meeting next month.

Facing a volatile world, Beijing has renewed its focus on economic and industrial planning.

Facing a volatile world, Beijing has renewed its focus on economic and industrial planning.

For years, local budgets depended on booming land sales and VAT income. Now, both are falling – and Beijing faces some tough choices.

China’s first plan pushed industrialisation, but after the country became the ‘world’s factory’, focus has shifted to advanced technologies.