Thursday 11 November 2010

Can you picture China in five years (2011-2015)?

Can you picture China in five years (2011-2015)?

Will it still be difficult to buy a house in big cities like Beijing? Will the income gap between the rich and poor narrow or widen? Is the growth model relying on exports or domestic consumption? How about the investment environment in China? In what areas will the government provide policy support? Are we prepared for an aging Chinese society? Is China ready to shoulder its global responsibilities?

There are no easy answers to these questions, which nonetheless need prudent analysis and well-informed strategies, to realize the ultimate goal of development, reform and opening up.

What goal? “To give all Chinese people a happy life,” in the words of Chinese Premier Wen Jiabao.

The Communist Party of China (CPC) Central Committee's Proposal on Formulating the Twelfth Five-year Program (2011-2015) on National Economic and Social Development was adopted at the Fifth Plenary Session of the 17th CPC Central Committee, which ended Oct 18. The draft is subject to approval by the National People's Congress, China's top legislature, when it convenes its annual session next year.



This special coverage focuses on the proposal and the extensive issues that will shape the country's development over the next five years.

http://www.chinadaily.com.cn/china/2010-11/08/content_11513304.htm

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