1、Major ReportChinas 15thFive-Year PlanHighlights&Implications for Commercial Real EstateCBRE RESEARCHMARCH 20262CBRE RESEARCH 2026 CBRE,INC.Chinas 15th Five-Year Plan|Highlights&Implications for Commercial Real EstateUpdate header text All content layouts within the template are references and Key De
2、velopment Targets under the 15th Five-Year Plan(FYP)ObjectiveIndicator14th FYP Target14th FYP Actual15 th FYP TargetHigh-Quality DevelopmentAnnual GDP growthMaintained within a reasonable range,set annually as appropriateCBRE Forecast:5.5%5.4%Effective quality improvement and reasonable growthCBRE F
3、orecast:4.5-5%Annual growth in labour productivityHigher than GDP growth6%GDP growthTertiary industries as%of GDP*-57.7%Capacity expansion and quality improvement in service industryTechnological innovationR&D Intensity 7%10%7%High-value invention patents per 10,000 people*1216 22 Digital economy as
4、%of GDP*10%10.5%12.5%New-Type UrbanisationPopulation*Promoting moderate fertility levels1,404.89 million peopleAdapting to population and demand changesUrbanisation rate*65%67%71%Land useNew construction land within 29.5 millionmu.,3 millionmu.less than 13th Five-Year-Plan26.974 million mu.(91.4%of
5、target)1New construction land not for commercial realestatedevelopment,more for revitalising existing parcelsBoosting ConsumptionAnnual growth in per capita disposable incomeIn sync with GDP growth5%In line with GDP growthSurveyed urban unemployment rate 5.5%5.2%20%25%CO2 emissions per unit of GDP*D
6、own 18%-Down17%01Note:*for end-of-period goals and for goals during the period.Note 1:Ministry of Natural Resources Summary and Press Release,September 2025.Source:National 14th,National Five-Year-Plan,15th Five-Year-Plan,National Bureau of Statistics,CBRE Research,March 2026.TARGETSHighlights&Impli
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