Meeting with NDRC's IIER

2014-08-06 | All chapters

The meeting was set up as part of a series of visits to think tanks and research institutes who are leading the 25 preliminary studies delegated by the NDRC, which will culminate in the drafting of the 13th Five-Year Plan (FYP). Director Zhang’s team at the IIER is undertaking research on China’s Going Out Strategy.

Maggie Xie, acting General Manager of the Chamber's Beijing Chapter, discussed major findings from the research with Director Zhang. She gave suggestions from the Chamber’s 2013 report on Chinese outbound direct investment (ODI) in the European Union, in light of China’s current reform agenda and European firms’ expectation of a fair and competitive Chinese marketplace. Director Zhang stated that the 13th FYP phase would be crucial for Chinese ODI, while the ratio of outbound and inbound investment is expected to reverse in 2016/2017. The two sides also discussed the opening up of China’s service industry and the issue of reciprocity in public procurement between the EU and China. Director Zhang also shared his views on the next steps for Shanghai Free Trade Zone, stating that the service sector opening-up and the Negative List approach are the two pilot policies that are most likely to be replicated nationwide.