Chinese Priorities

During the last week of October, the Chinese will be rolling out and discussing their new Five Year Plan for the 2016-2020 period. This is the 13th FYP to be issued over the last 62 years.

Some intel on what to expect via Barclays:

The Five-Year Plan (FYP) was first introduced in China in 1953, an adoption of Soviet-type economic planning. It is now a blueprint about 100 pages long that details the government’s main policy goals and development initiatives. It includes qualitative aims such as to “build a moderately prosperous society by 2020”, as well as quantitative targets on economic, social, and environmental issues…

The 13th FYP (13FYP) covers the 2016-2020 period and is the first to be produced under President Xi’s leadership. The draft 13FYP plan will be reviewed at the 5th plenary session of the 18th Communist Party Central Committee (CPCCC), which will take place over 26-29 October.

We believe growth, rebalancing, upgrading, liberalisation and the environment will be the major themes in the 13FYP as the country tries to achieve a development pattern of “higher quality, efficiency, equality and sustainability”.



Analysts expect a continuation of economic / financial reforms to liberalize the country’s markets as well as a new baseline growth expectation of 6.5% GDP growth, ratcheted down from the prior 7%.


The 13th Five Year Plan: The fight against gravity
Barclays – October 20th 2015

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.

What's been said:

Discussions found on the web
  1. shrimp commented on Dec 30

    … [Trackback]

    […] There you will find 51747 additional Information on that Topic: […]

  2. premium love dolls commented on Dec 31

    … [Trackback]

    […] There you will find 41732 additional Info to that Topic: […]

  3. Study in Uganda commented on Jan 06

    … [Trackback]

    […] Read More Info here to that Topic: […]

  4. bnc bank commented on Jan 08

    … [Trackback]

    […] Information on that Topic: […]

  5. wigs commented on Jan 16

    … [Trackback]

    […] Read More Information here to that Topic: […]

  6. cibc online business banking commented on Jan 17

    … [Trackback]

    […] Information on that Topic: […]

  7. custom fitted shoes commented on Feb 03

    … [Trackback]

    […] Info on that Topic: […]

  8. my company commented on Feb 04

    … [Trackback]

    […] Find More Info here to that Topic: […]