China is set to unveil its new five-year plan when parliament opens on March 5, outlining the policy agenda for 2026-2030. The blueprint is expected to detail how Beijing intends to lift consumption, drive technological innovation and scale up advanced manufacturing. Here is what it means: WHAT'S A FIVE-YEAR PLAN? It is China's strategic blueprint, setting out policy priorities and long-term goals for economic reform, industrial upgrading, technological innovation, national security, environmental protection and social development.