The 12th Five-Year Plan: China’s Economic Transition

Contents
1. What is a “Five-Year Plan”?
History of previous planning exercises
2. What can we expect in the next five years?
The role of the state sector
Trade grievances
3. What was the outcome of the previous Five-Year Plan?
Social policy
Was everything in the 11th Five-Year Plan accomplished?
4. The search for a new growth model—from “strengthening the nation” to “enriching the people”
Mismatches in supply and demand
Investment flows
An inclusive development model with new priorities
“Enriching the people” vs. “strengthening the nation”
5. Key targets
Comparison with the goals of the 11th Five-Year Plan
6. Strategic initiatives
7. Analysis
Are the targets realistic?
Challenges ahead: market mechanisms vs. interventionism
Domestic consumption is not easy to boost
No clear roadmap for tax reform
8. Business opportunities
Modern agriculture
Service sector
Logistics and distribution
Health care
Technology sector
9. Business barriers and restrictions

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