China sets energy and commodity goals in five year plan

Beijing unveiled its 15th five-year plan on Thursday. It targets a 17% cut in carbon intensity and aims for 725 million tons of grain production by 2030.

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China has unveiled its 15th five-year plan at its annual parliamentary meeting in Beijing, setting the stage for economic priorities and policy support across several critical sectors. This comprehensive roadmap highlights a strategic focus on metals, energy security, and agricultural self-sufficiency, which will have significant implications for global markets from Beijing to Singapore.

Chinese President Xi Jinping and other top officials attend the opening session of the Chinese People's Political Consultative Conference at the Great Hall of the People in Beijing, March 4, 2026. REUTERS/Maxim Shemetov
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