The "Proposal of the Central Committee of the Communist Party of China on Formulating the 15th Five Year Plan for National Economic and Social Development" (hereinafter referred to as the "Proposal for the 15th Five Year Plan"), which was reviewed and approved at the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China, points out that the "15th Five Year Plan" period is a critical period for consolidating the foundation and comprehensively promoting socialist modernization. The international community is closely monitoring this. According to an article published on the official website of the World Economic Forum, countries around the world need to adapt to the transformation of China's growth model. China has outlined the next stage of development in the "15th Five Year Plan" proposal. Faced with a world that is even more unpredictable than five years ago, China has adjusted its development direction, and its development plan will affect the global industrial path, investment flow, and innovation network in the coming years. The article states that China is entering a new stage of development. The modern industrial system is placed at the forefront, with innovation following closely behind. This ranking reflects a pragmatic orientation: focusing on scalable and high-value production capacity; Cutting edge fields such as advanced manufacturing, next-generation information technology, and aerospace have also been given significant importance as they provide both strategic resilience and growth effects. It can be seen that China emphasizes that innovation must be transformed into practical value. During the 14th Five Year Plan period, the focus is on "breakthroughs". In the 15th Five Year Plan, the focus shifted to transformation, application, and ecosystem construction. This message is clear: while progress from 0 to 1 is important, the decisive impact will come from the leap from 1 to 100. This adjustment also indicates that competitive pressure is driving the formation of a more results oriented innovation culture. The proposal for the 15th Five Year Plan also clarifies the importance of opening up to the outside world, emphasizing the consolidation of high standard opening up and deepening cooperation in specific regions and industries. China focuses on prioritizing domestic demand. Consumption is no longer just seen as an economic booster. The 15th Five Year Plan suggests linking family oriented policies with growth resilience: employment, parenting, education, and social security are no longer just livelihood issues, but more related to productivity and confidence. This goal seems to focus more on structural empowerment rather than cyclical stimulation. The article also points out that during the 14th Five Year Plan period, China promoted extensive cross regional coordination; Next, the role of the Yangtze River Delta, the Guangdong Hong Kong Macao Greater Bay Area, and other major urban agglomerations will be further expanded. Overall, these adjustments reflect a deeper transformation: China's development is shifting from scale expansion to competitiveness enhancement. The article emphasizes that governments and enterprises around the world not only need to adapt to China's development speed, but also to the transformation of its development model. The "15th Five Year Plan" will become a key link connecting the past and the future. The European website "Modern Diplomacy" emphasizes that looking ahead to the future, the significance of the "15th Five Year Plan" is extraordinary. China shoulders the mission of consolidating its development foundation, comprehensively promoting modernization construction, and basically achieving socialist modernization by 2035, and the "15th Five Year Plan" will become a key link connecting the past and the future. International China policy expert Nadia Hermi wrote in Modern Diplomacy that China's "15th Five Year Plan" proposal covers many aspects, especially the important task of building a series of modern industrial complexes. To achieve this goal, efforts need to be made to promote the modernization of traditional industries, cultivate and strengthen emerging and future industries, promote high-quality development of the service industry, and build a modern industrial system. The "15th Five Year Plan" proposes to promote the upgrading of key industries, consolidate and enhance the position and competitiveness of chemical, machinery, shipbuilding and other industries in the global industrial division of labor, and develop advanced manufacturing clusters. These industries are expected to achieve significant growth, and the scale of new additions in the next decade will be equivalent to the emergence of a new advanced technology industry sector in China, continuously injecting momentum into the high-quality development of the Chinese economy. In formulating any policy in China, the interests of the people are always the primary consideration. ”Hermes believes that China will strive to strengthen the construction of social security networks and stimulate consumption potential. The Chinese government will increase investment in social welfare to ensure the well-being of the Chinese people. Hu Weijun, Chief Economist of Macquarie Group Greater China, told Bloomberg that one of the highlights of the "15th Five Year Plan" is to promote consumption, and "in the long run, the importance of consumption is on the rise". Deutsche Welle reported that the "15th Five Year Plan" proposal emphasizes the need to significantly improve the level of technological self-reliance and self-reliance, focusing on key areas and core technologies. The Financial Times quoted analysts as saying that with the increasing uncertainty in the current international economic and trade situation, China is committed to improving its technological level through the next five-year plan. (New Society)