Key highlights and investment opportunities

Key highlights and investment opportunities

The 13th Five-Year Plan - China’s economic transition and integration with the world economy

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Key highlights and investment opportunities

In October 2015, the Fifth Plenary Session of the 18th Communist Party of China (CPC) Central Committee adopted the Proposal on Formulating the Thirteenth Five-Year Plan (2016-2020) on National Economic and Social Development (“the Proposal”). This document lays out the basic tenets, overall thinking, key goals, major strategies and policy orientation for China’s development during the 13th Five-Year Plan (FYP) period.

Based on the Proposal, KPMG’s Global China Practice (GCP) presents an analysis of China’s futuredevelopment priorities and key opportunities for Chinese and foreign companies. The report concluded that we will see China move towards a more inclusive domestic landscape and greater openness to the outside world, creating opportunities for the inbound investment of foreign capital as well as outbound investment of local Chinese capital. From the standpoint of policy analysis, foreign and local businesses should aim to gain a firm grasp of ‘China’s transition and its integration with the world economy’ and seek opportunities to invest along China’s ‘six narratives’ of development: Efficient China, Beautiful China, Balanced China, Open China, Happy China and Transforming China.

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