China’s 14th Five-Year Plan: Impact and Opportunities
Understanding China’s Latest FYP
China’s Five-Year Plan is a national strategy set by the country’s top leaders. It sets out policies for social development and economic growth, identifies promising areas for investment, and indicates where governmental resources will be concentrated. More than most countries, China makes these priorities very clear, via public policies like its Five-Year Plan. Indicating major realignments in China’s management of its economy, the 14th Five-Year Plan (2021-2025) provides a clear-cut view of where China is going and a roadmap to where Canadian companies can leverage it.
Throughout the year, CCBC will explore, analyze and unpack the details of the 14th Five-Year Plan (FYP) with CCBC members through a comprehensive, multifaceted series, which includes:
Rapports de recherches
CCBC has partnered with Trivium China to produce an in-depth report on the Plan, with a focus on five sectors critical to Canada’s trade and investment relationship with China – financial services, agribusiness, natural resources, energy, and cleantech. Furthermore, we have included a deep-dive on the rapidly evolving data policy sphere in China – an emerging dynamic relevant to all business leaders engaged in this market.
Here, we are pleased to present our initial findings, an eight-page preview of our full research report being released in June. Download Confiance et complexité : Constatations initiales du 14e Plan quinquennal pour les sociétés canadiennes en Chine below.
Baladodiffusion
Dans la première partie d’une minisérie de trois épisodes sur le 14e Plan quinquennal chinois récemment publié, Noah Fraser, Directeur général, Chine, CCBC, s’assoit avec Alfredo Montufar-Helu (photo ci-dessous), Directeur, Beijing, du Economist Corporate Network. Dans cette clinique macroéconomique du marché chinois, Alfredo parle des points essentiels du 13e Plan quinquennal, des buts établis pour le 14e Plan quinquennal, des nouvelles politiques telles que la double-circulation et la réforme de la demande, et plus encore.
This three-part podcast miniseries is sponsored by 
May 19: Ambassador CONG on the FYP
CCBC surveys show that Canadian businesses selling to or operating in China are more likely to succeed in sectors that align with China’s development priorities. More than most countries, China makes these priorities very clear, via public policies like its Five-Year Plan. On May 19, hear from H.E. CONG Peiwu, Ambassador of the PRC to Canada, about the opportunities for Canadian business over the next five years. His presentation will also cover China’s investment priorities, trading opportunities, and a look at the technologies Chinese companies are seeking to develop or buy.
Mr. Graham Shantz, President of CCBC, will host the event, followed by a Q&A moderated by Ms. Sarah Kutulakos, Executive Director and COO of CCBC. Don’t miss this chance to gain valuable insights into the top Chinese business opportunities on the horizon. Register now to save your spot.
Event Sponsors
H.E. CONG Peiwu
Ambassador of the PRC to Canada
About Ambassador CONG
Mr. CONG was born in May 1967. He graduated from China Foreign Affairs University. Mr. CONG is married and has one daughter. His professional career is as follows:
- 1992-1993 Staff member, Ministry of Foreign Affairs of the People’s Republic of China
- 1993-2000 Staff member, Attaché, Third Secretary, Deputy Division Director, Department of North American and Oceanian Affairs, MFA
- 2000-2003 Second Secretary, First Secretary, Embassy of the People’s Republic of China in Canada
- 2003-2007 First Secretary, Deputy Division Director, Division Director, Counsellor and Division Director, Department of North American and Oceanian Affairs, MFA
- 2007-2009 Counsellor, Department of North American and Oceanian Affairs, MFA
- 2009-2014 Minister-Counsellor, Minister, Embassy of the People’s Republic of China in the United Kingdom of Great Britain and Northern Ireland
- 2014-2019: Director-General, Department of North American and Oceanian Affairs, MFA
- 2019-present: Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Canada
September: Cross-Canada Virtual FYP Deep Dive
The release of the central 14th FYP in March is just the first step in goal-setting, and most relevant for our members are the FYP goals that trickle down to your sectors and to the cities and provinces in which you operate in China. Beyond the initial FYP, details about geographic and sectoral goals can help Canadian companies shape their strategies. In our September virtual FYP Deep Dive, we will leverage recently available data to give Canadian companies a deeper dive into the opportunities and how to incorporate them into your China strategy, and show how companies can practically use the 14th FYP goals to strengthen their value proposition. We’ll include case studies of how companies have used prior FYPs and extensive networking opportunities.