Tehran denies any talks with U.S., while Trump claims ‘major points of agreement’ with Iran - Monday 23 March
Trump says U.S. found “major points of agreement” with Iran and has paused strikes on Iranian power plants, but Tehran denies any direc...
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
Officials say the plan is designed to move cutting-edge technologies out of laboratories and into factories, supply chains and everyday life. In practical terms, Beijing wants to accelerate the process of turning scientific breakthroughs into commercial products and industries that create jobs and sustain growth.
The strategy builds on China’s long-established system of five-year plans, which set medium-term economic targets. This time, the emphasis is on what leaders call “new productive forces” – industries driven by artificial intelligence, advanced manufacturing, green energy, next-generation telecommunications and biotechnology. Rather than relying heavily on traditional sectors such as property and low-end manufacturing, policymakers want future growth to come from innovation and higher-value industries.
Under the blueprint, key technologies including AI-powered robotics, intelligent manufacturing systems and advanced semiconductors are expected to receive stronger policy support. This could include increased research funding, tax incentives for companies and closer coordination between universities, state-owned enterprises and private firms. The aim is to scale up promising technologies more rapidly so they can compete on the global stage.
Green development is another central pillar. Clean energy equipment, electric vehicles, battery storage and environmentally friendly industrial processes are likely to be prioritised. Leaders say the shift is not only about cutting emissions, but also about securing China’s position in fast-growing global markets linked to the energy transition.
Analysts say the renewed focus on large-scale industrialisation reflects lessons learned over the past decade. China has made significant advances in research and innovation, yet translating those gains into commercially competitive industries has at times proved slower than anticipated.
The new plan seeks to close that gap by strengthening supply chains, encouraging domestic demand for high-tech products and reducing reliance on foreign technologies in sensitive sectors.
The 2026–2030 period is widely seen as critical to China’s economic transformation. Growth has slowed in recent years as the country adapts to structural challenges at home and a more uncertain global environment. By prioritising high-tech and strategic industries, leaders hope to build more stable and sustainable engines of growth.
Although detailed implementation measures are expected to be introduced gradually, the direction of travel is clear: innovation is no longer simply a long-term ambition, but a central driver of China’s next stage of development. The coming five years will test how effectively the country can convert scientific ambition into large-scale industrial strength.
The pilot and co-pilot of an Air Canada Express regional jet were killed after it collided with a fire truck while landing at New York's LaGuardia airport late on Sunday, in an incident that closed the airport, authorities and U.S. media said.
U.S. President Donald Trump warned that American forces could target Iranian power plants if the strategic Strait of Hormuz remains closed, and Iran, in return, warned that any attack on its energy infrastructure would trigger strikes on regional facilities.
Trump says U.S. found “major points of agreement” with Iran and has paused strikes on Iranian power plants, but Tehran denies any direct talks or negotiations, contradicting U.S. claims - latest on Middle East conflict.
Iran has launched long-range and intermediate-range ballistic missiles towards the joint U.S.-UK military base on Diego Garcia in the Indian Ocean, in what Israeli officials said was a major escalation in the war.
Georgia bid farewell to Catholicos-Patriarch Ilia II on Sunday (22 March). He was considered one of the most influential spiritual leaders in the country’s modern history.
The French government’s bid to suspend the marketplace of Chinese online retailer Shein in the country has been overruled by a Paris Court of Appeal.
The prevailing security situation in the region has done little to deter entrepreneurs from the Commonwealth of Independent States (CIS) who continue to view Dubai as a premier and safe location for business.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
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