Key takeaways: How China aims to fix an ailing economy and transform into a high-tech power

Beijing CNN — China’s leaders have spent the past week unveiling their plan to steer the world’s second-largest economy through looming challenges by transforming the country into a technological powerhouse and ramping up spending to hit an ambitious growth target. The thousands of delegates who gathered in Beijing for a week-long meeting of China’s rubber-stamp legislature voted almost unanimously Tuesday to approve that plan, which was laid out across a government work report and annual budget. The stakes are high for China’s government, and Xi Jinping, the country’s most powerful leader in decades, to get these initiatives right. Beijing needs…