Reference News, March 3 report: According to AFP, March 2 report, China will hold the National Two Sessions in Beijing, and announce strategies to deal with various challenges.

The 15th Five-Year Plan outline will also be announced, which is the development blueprint for the world's second-largest economy up to 2030.

The Two Sessions provide an opportunity for people to understand China's priorities on a range of issues from economic to foreign policy.

This year's Two Sessions will begin on the 4th, with the opening of the fourth session of the 14th National Committee of the Chinese People's Political Consultative Conference on the same day. The fourth session of the 14th National People's Congress, which will open on the 5th, will put forward key growth targets.

China believes that the economic development model needs to shift towards consumption-based growth, rather than growth based on traditional driving factors such as production and exports.

In the five-year plan from 2026 to 2030, China will create new demand through new supply and carry out strong innovation.

The "15th Five-Year Plan" is expected to focus on high-tech manufacturing, green transition, and supply chain resilience.

Chen Jiawen, an economist at Moody's Analytics, said, "This marks a shift in China toward innovation-driven growth," and is a response to trade tensions and global uncertainties.

She said that strengthening the social security network, increasing income, and promoting solutions to long-standing real estate market problems would benefit a "more sustained recovery."

According to Reuters, March 2 report, China will outline how to engage in the next stage of the technology competition with the West and transform a series of advances in artificial intelligence, space, and robotics into industrial scale and capital market momentum.

The government work report and the "15th Five-Year Plan" outline will clarify China's priorities and specify which industries will receive funding and policy support.

The government work report last year mentioned artificial intelligence and embodied intelligence. Last year was a year when China's artificial intelligence development attracted global attention, despite the U.S. imposing strict restrictions on China's access to advanced chips and chip manufacturing equipment.

Last year, the Chinese startup DeepSeek released a large artificial intelligence model, reshaping assumptions about China's technological competition with the United States.

Alfredo Montufar-Elu, a senior executive at EnKai Research Consulting, said, "People are expecting what products China will launch next."

The challenge facing the Chinese government is how to convert individual breakthroughs into systematic large-scale gains in manufacturing, logistics, and energy sectors. Analysts say the Chinese government may promote "Artificial Intelligence + Manufacturing".

Shinichiro Nakamura, president of Daini Sangyo Kogyo Co., Ltd. in Japan, said that China's push for artificial intelligence development may benefit large capital-intensive producers who can absorb deployment costs, while smaller companies face structural limitations.

This five-year development blueprint is expected to place greater emphasis on embodied intelligence.

Last month, China demonstrated its progress in this area, with Chinese-made humanoid robots performing dance and martial arts on the most-watched television program in China.

Major hardware technology breakthroughs support China's confidence in robot technology. "Mechatronics, especially balance and motion control, have seen significant improvements in the past 12 months," said Mike Nelson, vice president of computer vision company RealSense.

Space is another test for Beijing to convert research results into industrial strength. Private company Blue Origin Aerospace said it plans to conduct another test of the recoverable Zhuque-3 rocket this year.

Analysts say that as supply chains themselves become tools of geopolitics, people will closely examine the "15th Five-Year Plan" to see how Beijing intends to protect its industrial base under the drive of technology.

Original: toutiao.com/article/7612982606308606500/

Statement: This article represents the views of the author himself.