Planning for Change

Development plan: Pedestrians holding umbrellas walk past buildings illuminated at night in Shanghai, China. The country will be discussing its forthcoming 13th Five Year Plan. – Bloomberg

THIS week, under beautiful clear blue skies in Beijing, the Fifth Plenum in China is being held to discuss the forthcoming 13th Five Year Plan for the period 2016 to 2020.

It is a critical five years in which China seeks to break through the middle-income barrier and seek advanced country status (an income per capita of more US$13,000) by 2020-2024.