On 15th December Ambassador Liu gave a 40 minute speech on the 13th Five Year Plan at the Launch of the Chinese Chamber of Commerce (CCC). This speech was to the 48 Group and CCC. It was a wonderful speech which brought alive a potentially dry subject. This is probably the most important Five Year Plan in modern China’s history taking China to its first centenary target of 2021 – the 100th anniversary of the Founding of the Communist party of China. This is regularly referred to in the speech.
This is a very important Plan for those who need to understand China. This is the first major speech on the subject since President Xi presented it to the Party Standing Committee a few weeks ago.
The plan itself will be presented to the National People’s Congress next March. So the Party has approved a draft prepared by the NDRC- National Development and Reform Commission. It will get changes before next April.
But one thing is implied in it – that China will not trail the West in advanced technology for ever as innovation is top of the list.
Really worth reading