China's National People's Congress has approved the country's 15th Five-Year Plan, covering the period from 2026 to 2030. The plan, formally passed on 12 March at the close of the annual Two Sessions parliamentary meetings in Beijing, sets the strategic direction for the world's largest emitter across energy, industry, climate and economic policy. For investors, manufacturers and trade partners, the document carries significant weight. It shapes where capital flows in China's industrial economy for the next five years and beyond.