0732 GMT - China is likely to double down on national security and the high-tech sector in the next five years, UOB economist Ho Woei Chen says in a research note. Investors are closely watching the upcoming Fourth Plenum in October, which will review proposals for China's five-year development plan covering 2026 to 2030. China has benefited from strong investments in research and development and technological innovations, the economist notes. The country's growth target will be guided by its long-term target to double the size of the economy by 2035 from the 2020 level, the economist notes. A 4.5%-5.0% annual growth target for 2026-2030 would be necessary to meet that goal as China's growth will likely slow further in the 2030-2035 period, she adds. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
September 25, 2025 03:32 ET (07:32 GMT)
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