As China drafts its 15th five-year plan \u2013 the next entry in a line of expansive blueprints that have set the tone for the country\u2019s development over more than seven decades \u2013 we examine how these documents inform and reflect high-level policy priorities, what to expect in the coming iteration and how foreign investors are likely to be affected.<\/p>\n
For more stories in this ongoing series, click here<\/a>. To view SCMP Plus Factsheets on the 15th five-year-plan and more premium content, click here<\/a>.<\/p>\n Sun Xueguang has been helping broker China investment deals for years, but a recent meeting with local officials still caught him by surprise.<\/p>\n As the president of a Franco-Chinese start-up incubator organisation, Sun was used to foreign investors being welcomed by local authorities with big smiles and promises of preferential tax policies. But this time, the atmosphere felt different.<\/p>\n Sun was startled by the local cadres\u2019 stricter requirements: they explicitly said they wanted to attract projects in certain strategic sectors, such as pharmaceuticals, healthcare and artificial intelligence.<\/p>\n \u201cThe message was clear: they want high-quality foreign investment that can help complete and develop their local supply chain,\u201d said Sun, as he recalled the talks with officials based in the Yangtze River Delta, a prosperous region in eastern China centred around Shanghai.<\/p>\n \u201cThe mentality is shifting from quantity to quality.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"As China drafts its 15th five-year plan \u2013 the next entry in a line of expansive blueprints that…\n","protected":false},"author":2,"featured_media":490072,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[323,2103,142012,3801,161713,51,1395,161709,161708,1700,161710,299,161711,161712,34922,3749,10741,161714,2943,16,15,3290,1773,154707],"class_list":{"0":"post-490071","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-ai","9":"tag-airbus","10":"tag-american-chamber-of-commerce","11":"tag-beijing","12":"tag-biopharmacy","13":"tag-business","14":"tag-china","15":"tag-colisee","16":"tag-domus-vi","17":"tag-economy","18":"tag-emeis","19":"tag-europe","20":"tag-european-chamber","21":"tag-franco-chinese-incubator-association","22":"tag-guangdong-province","23":"tag-hong-kong","24":"tag-shanghai","25":"tag-sun-xuefang","26":"tag-taiwan","27":"tag-uk","28":"tag-united-kingdom","29":"tag-us-trade-war","30":"tag-xi-jinping","31":"tag-yangtze-river-delta"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115353603037144358","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/490071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=490071"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/490071\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/490072"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=490071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=490071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=490071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}