Chen Jimin Associate Research Fellow, CPC Party School
Nov 16, 2020
China’s 14th Five-Year Plan and vision for 2035 are logical and achievable under the leadership of the CPC. The recently adopted national development proposal lays out a clear road map.
Chen Xiangyang Director and Research Professor, CICIR
Nov 03, 2020
This round will have special significance for the nation’s development and the world. China will achieve socialist modernization by 2035 while becoming an increasingly important part of a diverse global landscape.
Andrew Sheng Distinguished Fellow at the Asia Global Institute at the University of Hong Kong
Xiao Geng President of the Hong Kong Institution for International Finance
Oct 09, 2020
China’s leaders are currently putting the finishing touches on the country’s 14th Five-Year Plan, which will cover the 2021-25 period. But one aspect of the plan – the so-called dual-circulation strategy – is already attracting the world’s attention. Many fear that China is “turning inward” just when the global economy is staring down the barrel of a recession. These fears are misplaced.
Owen Haacke chief representative, US-China Business Council’s Shanghai Team
Mar 25, 2016
China’s 13th Five-Year Plan, an economic and social blueprint, could give important insights to U.S. companies planning China business strategies, by providing industry specific plans, local designations for free trade zones, and new policies across the country.
Niu Li Director of Macro-economy Studies, State Information Center
Mar 24, 2016
China’s new Five-Year Plan emphasizes the quality of growth rather than speed as the country enters a period of ‘new normal’. Maintaining 6.5 percent of economic growth is a priority, but it is even more important to keep such a growth rate sustainable and to channel that growth toward improving the quality of life for the majority of Chinese citizens.
Ben Reynolds Writer and Foreign Policy Analyst in New York
Mar 16, 2016
Five Year Plan contains an important proposal that has largely been overlooked: the ‘professionalization and modernization’ of agriculture. The history of agricultural development in countries like the United States suggests the destabilizing consequences in the Chinese countryside.
He Weiwen Senior Fellow, Chongyang Institute for Financial Studies
Mar 16, 2016
The years ahead offer parallel tracks for growth for both countries, and an “early harvest” for US enterprises, if opportunities are seized in areas such as innovation, Internet plus, reducing capacity, expanding the service sector – especially in healthcare -- and developing emerging industries.
Zhang Monan Senior Fellow, China Center for International Economic Exchanges
Jan 20, 2016
As it acts upon the 13th Five Year Plan, Beijing must combine government fiscal investment, corporate R&D, industrial investment, venture capital, bank credit investment, capital market financing, science funding and more, to make a financial system with a full range of support to update China’s economy. An efficiently operating system will be key to the nation’s future competitiveness.
Liu Mingkang Ex-chairman, China Banking Regulatory Commission
Dec 03, 2015
Last month, China’s leaders revealed details of the 13th Five-Year Plan, which will guide the economy’s trajectory until 2020. Gone are the directives to expand industrial production at a breakneck pace that characterized previous five-year plans. Now, the focus is on achieving sustainable long-term growth, underpinned by domestic consumption, a stronger services sector, entrepreneurship, and innovation.
Qin Xiaoying Research Scholar, China Foundation For Int'l and Strategic Studies
Nov 20, 2015
Except for the disruptive years of the “cultural revolution”, the five-year planning system has given the country a unified strategic outlook, especially in the recent years of opening up and development. The current CPC Central Committee is steering the Chinese government, in the coming five years, to emphasize people’s livelihood and well-being, and to effectively promote economic transformation and consolidation.