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":216635,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[182,22604,90843,550,122673,28,144,122669,122667,101,122670,1076,122671,122672,72789,5425,4633,122674,3998,53207,6132,122668],"class_list":["post-216634","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-ai","tag-airbus","tag-american-chamber-of-commerce","tag-beijing","tag-biopharmacy","tag-business","tag-china","tag-colisee","tag-domus-vi","tag-economy","tag-emeis","tag-europe","tag-european-chamber","tag-franco-chinese-incubator-association","tag-guangdong-province","tag-hong-kong","tag-shanghai","tag-sun-xuefang","tag-taiwan","tag-us-trade-war","tag-xi-jinping","tag-yangtze-river-delta"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/216634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=216634"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/216634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/216635"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=216634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=216634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=216634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}