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flag China's 2026–2030 plan targets growth amid aging, shrinking population by boosting incomes, reforming taxes, and expanding social safety nets.

flag China's 2026–2030 Five-Year Plan faces headwinds from declining population, aging society, and global uncertainty, with weak domestic demand emerging as a key growth constraint. flag To counter this, officials are prioritizing increased household income and stronger social safety nets, especially for the elderly, to sustain consumption. flag Key reforms aim to rebalance income distribution by boosting wages for low-income groups and moderating gains for the wealthy, expanding the middle class. flag Measures include government-funded vocational training to tackle structural unemployment, especially for youth and older workers, and adapting social protections for the growing gig and AI-driven workforce. flag Tax reforms and expanded transfer payments are expected to enhance public services and reduce inequality, supporting long-term, equitable growth.

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