China's 15th Five-Year Plan (2026-2030) is a blueprint for "high-quality development," focusing on technological self-reliance, green transformation (peaking carbon by 2030), boosting domestic demand, and strengthening national security amidst a more unpredictable global environment, aiming for deeper modernization and global influence by 2035. Key pillars include innovation in strategic industries, upgrading manufacturing, enhancing energy security, promoting digital transformation, and achieving greater self-sufficiency in science and technology.
Yes, approximately 90% of people in China own their homes, making it one of the highest homeownership rates globally, a result of significant housing reforms starting in 1998 that privatized public housing, alongside strong cultural emphasis on owning property as a marker of stability and a prerequisite for marriage, though it's important to note ownership is of the building, not the land, which remains state-owned. Urban rates hover around 87%, while rural rates are over 95%, with many families owning multiple properties.
Made in China 2025 (MIC25, MIC 2025, or MIC2025; Chinese: 中国制造2025; pinyin: Zhōngguó zhìzào èrlíng'èrwǔ) is a national strategic plan and industrial policy to further develop the manufacturing sector of the People's Republic of China, signed by Chinese Premier Li Keqiang in May 2015.
Broadly outlined in late October 2020, the new plan aims at China becoming a "moderately developed" economy by 2035. It anticipates future growth as largely based on domestic consumption of goods and services, and aims to reduce disparities between urban and rural living standards. The plan includes the "peaceful ...
The PRC claims the de jure administration of Taiwan Province, as well as mainland-nearby islands of Kinmen and Matsu Islands, currently controlled by the Republic of China (ROC).
Davidson window. The Davidson window is a strategic concept referring to the timeframe between 2021 and 2027 during which military analysts believe China will develop sufficient capabilities to attempt control of Taiwan. Named after Admiral Philip S.
China's transition is opening space for other countries to move into low-cost manufacturing, where China until recently dominated. Deloitte predicts that the economies of Malaysia, India, Thailand, Indonesia, and Vietnam, the “Mighty Five” or MITI-V, will inherit China's crown for such products.
A majority of Australians expect China will be the most powerful country in the world by 2035 as trust in the US tumbles, new research has found.
China's "0.1% rule" refers to its October 2025 export controls, requiring licenses for foreign products containing ≥0.1% by value of certain Chinese-origin rare earths or made with controlled Chinese rare earth tech, extending China's jurisdiction extraterritorially to high-tech supply chains like EV magnets and AI chips, impacting global industries by giving Beijing leverage over critical materials. This "de minimis" rule creates significant compliance burdens for foreign firms, potentially halting supply of advanced tech.
As for the “Second Century”, its long-term goal extends to the centenary of the People's Republic of China in 2049. The objective is for China to become a “modern socialist country that is prosperous, strong, democratic, civilized, and harmonious.”, including other political, economic, social, and cultural dimensions.
The United States maintains its position as the world's largest economy, with a GDP projected to reach USD 30.4 trillion in 2025. China follows as the second- largest, with a GDP of USD 19.6 trillion.
An economic conflict between China and the United States has been ongoing since January 2018, when U.S. president Donald Trump began imposing tariffs and other trade barriers on China with the aim of forcing it to make changes to what the U.S. has said are longstanding unfair trade practices and intellectual property ...
U.S. GDP per capita is about $82k. So China has a very long way to go to catch up with current US per capita GDP, and the US will likely continue to grow in the meantime (at least on a per capita basis). It's only over the very long term, if ever, that we can expect China to catch up to the US in per capita GDP.
A society where problems are hidden rather than solved can appear “orderly,” but that order is often achieved through coercion and silence, not care and dignity. Homelessness exists, but it is made largely invisible through a mix of short-term containment, forced removal, and strict control over reporting.
According to the China Real Estate Index System (CREIS), as of October 2025, the average price of newly built residential properties across 100 monitored cities stood at RMB 16,973 (USD 2,389) per square meter, while second-hand homes averaged RMB 13,268 (USD 1,867) per square meter.
With the exception of individuals with hunting permits and some ethnic minorities, civilian firearm ownership is restricted to non-individual entities. Law enforcement, military, paramilitary, and security personnel are allowed to use firearms. Police are to use issued pistols only to stop serious or dangerous crimes.
China's "3-hour rule" for minors restricts children under 18 to playing online video games for only three hours per week, specifically from 8 PM to 9 PM on Fridays, Saturdays, Sundays, and public holidays, to combat gaming addiction and improve health. Implemented by the National Press and Publication Administration (NPPA) in 2021, the rule mandates gaming companies use real-name verification and facial recognition to enforce limits, though some children bypass it using adult accounts.
In China, the situation is even more pressing. Its one-child policy left it with over 30 million more men than women. These men confront a smaller dating pool, and it's even harder for working-class and rural men to find a partner.
Google has a difficult history in China. The company pulled its search engine out of China in 2010 because of government censorship and what the company said was a cyberattack from Chinese hackers trying to gain access to human rights activists' email accounts.
Emerging markets (E7) could grow around twice as fast as advanced economies (G7) on average. As a result, six of the seven largest economies in the world are projected to be emerging economies in 2050 led by China (1st), India (2nd) and Indonesia (4th)
The United States of America is a North American nation that is the world's most dominant economic and military power.
According to a report by PwC, China is expected to become the largest economy in the world by 2030, with a projected GDP exceeding $26 trillion.
We work to promote international security, increase mutual prosperity, and support China's process of modernisation and reform. We also aim to provide high quality consular services for British nationals in China.
- Why do U.S. manufacturers rely so heavily on China for production? U.S. manufacturers rely on China primarily because of its low-cost labor, advanced manufacturing infrastructure, and efficient supply chains. These factors make it difficult for companies to produce goods at the same cost and scale in other countries.
State-owned enterprises accounted for over 60% of China's market capitalization in 2019 and generated 40% of China's GDP of US$15.98 trillion dollars (101.36 trillion yuan) in 2020, with domestic and foreign private businesses and investment accounting for the remaining 60%.