China Strengthens Supply Chains And Technology Independence

China released the draft of its 15th five-year plan ahead of the National People’s Congress session March 5–12, 2026, detailing measures to insulate the economy from U.S. pressure. The draft mandates export controls on rare earths, sets a 7% annual domestic R&D growth target, and promises “extraordinary measures” in semiconductors, industrial machinery, advanced materials, humanoid AI, and expanded vocational training. The plan outlines steps toward tech self-reliance through 2030.