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Zamir Ahmed Awan: What the 14th Five-Year Plan means to China and the world
Preparations for the 14th Five-Year Plan (2021-25) started at the end of 2019 when the central government held a special conference on the formulation of the 14th Five-Year Plan. Since then, relevant ministries have started consultations and held internal seminars, meetings, discussions, and debates. Professionals and experts from all appropriate fields across the board from almost all parts of China, ethnicities and parties were involved.
November 04 , 2020 -
[CGTN] Wang Huiyao: Rising FDI, openness herald improved business environment
Foreign direct investment in China reached $103 billion in the first nine months of this year, up 2.5 percent year-on-year, the UN Conference on Trade and Development said in late October. Foreign investment inflows to China were down by just 4 percent, even with the epidemic.
November 04 , 2020 -
Wang Huiyao: CIIE boosts China’s ‘dual circulation’ development pattern
China's third International Import Expo (CIIE), which will be held from November 5 to 10 in Shanghai makes it clear that China's new "dual-circulation" development strategy by no means implies that the country will stop further opening up. On Tuesday night, Chinese president Xi Jinping delivered a speech via a video during the opening ceremony. This shows the importance the Chinese government attaches to the event as well as China's opening up efforts.
November 04 , 2020 -
David Blair: Foreign capital flows can’t be allowed to create asset bubbles
China's capital markets are now very attractive due to the nation's success in fighting the pandemic while also, almost uniquely, sticking to a prudent monetary policy.
November 02 , 2020 -
Harvey Dzodin: The 14th Five Year Plan: Compass for China’s continued success
When I was growing up in Detroit in the 1950s when it was the prosperous global automobile capital, parents told us to eat all our food because children in China were poor and hungry. And in 1953, the year of China's first Five Year Plan (1953 - 1957) for economic and social development, poverty was indeed the norm. In 1953, China's population was 583 million with its per capita GDP of $54.
October 30 , 2020 -
Laurence Brahm: Planning for the future in five-year cycles
The 14th Five-Year Plan (2021-25) is high on the agenda of the ongoing Fifth Plenum of the 19th Central Committee of the Communist Party of China, as it will set the economic and development targets extending to 2035.
October 29 , 2020 -
Wang Huiyao: China rises from SEZs to global economic anchor
Moving quickly to implement the policies announced by President Xi Jinping in his Oct 14 speech celebrating the 40th anniversary of the creation of the Shenzhen Special Economic Zone, the National Development and Reform Commission announced on Oct 18 a series of reforms opening up artificial intelligence-based businesses and financial markets.
October 26 , 2020