The 13th Five-Year Plan
The Proposal calls for the accelerated formation of institutions, mechanisms and development patterns to guide China’s growth towards a ‘new normal’, with a focus on improving the quality and efficiency of development. This indicates that China will place a greater emphasis on the quality of development as it pursues a course of economic transition, while simultaneously leveraging reform as the most effective catalyst for future growth and transformation.
The Proposal can help set expectations regarding the changes that may occur in China over the 13th Five-Year Plan period, and contribute to the assessment of potential business opportunities in and related to China over the next five years. In this regard, China is working towards greater domestic inclusivity and international integration, creating more opportunities for outbound Chinese capital and inbound foreign investment.
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