Xi Jinping, general secretary of the Communist Party of China Central Committee, has emphasized that formulating the 15th Five-Year Plan (2026-30) is of great significance for facilitating China's sustained and sound development, and for putting the country on firmer foundations for basically achieving socialist modernization as planned. The remarks were made in Xi's explanatory speech on the recommendations for the 15th Five-Year Plan, delivered at the fourth plenary session of the 20th CPC Central Committee, which concluded last week in Beijing. Both the speech and the recommendations, which were adopted at the plenum, were made public on Tuesday. In his speech, Xi said the recommendations were drafted to make systematic plans and strategic arrangements for China's economic and social development in the next five years. The recommendations were initiated in line with the country's strategic development goals, recognizing the pivotal role of the next five years, and based o...