[Capital Beat] China’s 14th Five-Year-Plan: Launching China’s Next Development Stage - Key Policy Shifts and Implications Go back »
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Time2021-03-04 | 16:00 - 17:35
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Venue:Zoom (Online Meeting)
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Address:Zoom (Online Meeting)
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Fee:Members: CNY 150 |
Non Members: CNY 200
March 2021 marks a historic occasion for China. At this year’s annual high-level legislative meetings, the Two Sessions (Lianghui), the Chinese Communist Party will celebrate the 100th anniversary of its founding. The Fourth Plenary Session of the 13th National People’s Congress (NPC) and Chinese People’s Political Consultative Conference (CPPCC) are scheduled to convene on March 4th and 5th in Beijing, where celebration of the centennial milestone will accompany the formal approval of the country’s 14th Five-year Plan (FYP).
China’s 14th FYP prescribes more momentous changes to the country’s development path than preceding FYP. It maps out China’s key goals and ambitions in a world of mounting global turbulences. The country faces a slew of challenges brought on by the COVID-19 pandemic and increasing geopolitical tensions, including uncertainties regarding the post-pandemic recovery, finding a new balance between export-led growth and domestic consumption, and dealing with border closures and supply chain disruption. The 14th FYP is aimed at providing a guiding script for confronting these challenges, and securing a stable path for China’s development under increasingly unfavourable conditions.
Drawing on lessons learnt and progress made under the 13th FYP, the Chinese leadership will formulate new targets, introduce new economic frameworks, and jumpstart significant policy shifts to inaugurate a new stage of social and economic development not only for the next five years, but also far beyond. The 14th FYP has its sights firmly set on China’s second centennial goal of building “a modern socialist country” by 2049, further anchoring its historic significance.
The 14th FYP necessitates attention. Companies should utilise the plan to refresh their strategic understanding of the next stage of China’s development trajectory towards modernisation. Therefore, the European Chamber is delighted to invite you to a webinar on 4th March where our distinguished guest speakers - Dr. Martin Raiser from World Bank, Ms. Lara Dong from IHS Markit and Mr. Scott Kennedy from Center for Strategic and International Studies (CSIS) - will provide key predictions on the major policy shifts and trends, rollout and execution of the 14th FYP.
*This webinar is in English without translation services.
Draft Agenda
16:00-16:05 Opening remarks by Mr. Joerg Wuttke, President of the European Chamber
16:05-17:00 Presentations on the 14th Five-Year Pan
- Macro Outline of the Plan by Dr. Martin Raiser, Country Director for China, Mongolia and Korea, World Bank
- Energy Sector of the Plan by Ms. Lara Dong, Senior Director for Greater China Power and Renewables, IHS Markit
- Innovation Sector of the Plan by Mr. Scott Kennedy, Senior Adviser and Trustee Chair in Chinese Business and Economics, Center for Strategic and International Studies (CSIS)
17:00-17:30 Q&A
17:30-17:35 Closing Remarks by Mr. Björn Conrad, Managing Director, Sinolytics
*This webinar is off-the-record and will follow the Chatham House rule.
Terms & Conditions
Events and webinars have limited seating so to ensure your attendance we encourage advance online registration and payment. We cannot guarantee entry to anyone not registered in advance. A confirmation email with instructions on how to join the webinar will be sent to registrants who have paid.
- Members can pay via WeChat QR code once registered.
- Non-members will receive an email with the payment code.
- Fapiao will be distributed to participants within 5-10 working days after the webinar.
Cancellation Policy
If you cannot attend the event for which you have registered, please cancel your registration no later than one business day prior to the event. If you fail to notify us of your cancellation in a timely fashion, you will be charged for event costs.
To cancel you can: 1) email bj_events@europeanchamber.com.cn, or 2) cancel online if you registered for the event through the website.
Advisory Council Policy
Members of the Advisory Council may receive complimentary admission to Chamber seminars, conferences and factory visits up to two attendees per event. Additional participants will be charged at the member rate.
Advisory Council members will still be charged the standard member rate for participation in training courses and special events, such as gala balls, government appreciation dinners, or admission to corporate social events/tournaments.
For further information please contact Luyang Syvänen at lsyvanen@europeanchamber.com.cn.
Speakers
Mr. Jörg Wuttke
Jörg Wuttke is Chief Representative of BASF China, based in Beijing. Wuttke is President of the EU Chamber of Commerce in China – an office he already held from 2007 to 2010 and from 2014 to 2017. Wuttke is a member of the Advisory Board of the Mercator Institute for China Studies (MERICS) in Berlin. He contributes regularly to the Swiss financial blog https://themarket.ch/. Wuttke has lived in Beijing for more than three decades.
Dr. Martin Raiser
Martin Raiser is the World Bank’s Country Director for China and Mongolia, and Director for Korea since March 1, 2019. Mr. Raiser is leading a team that is managing an evolving partnership with China, a growing program of support to Mongolia, and a deepening knowledge partnership with Korea focused on innovation and technology.
Mr. Raiser holds a doctorate degree in Economics (summa cum laude) from the University of Kiel, Germany, and degrees in Economics and Economic History from the London School of Economics and Political Sciences. Mr. Raiser worked for the Kiel Institute of World Economics and the European Bank for Reconstruction and Development, where he was Director of Country Strategy and Editor of the Transition Report. Since joining the World Bank in 2003, Mr. Raiser held positions as the Country Manager in Uzbekistan, Country Director for Ukraine, Belarus and Moldova, Country Director for Turkey, and most recently Country Director for Brazil.
Mr. Raiser, a German national, is married and has four children. He has published numerous articles in refereed economic journals and authored several books.
Dr. Scott Kennedy
Scott Kennedy is Senior Adviser and Trustee Chair in Chinese Business and Economics at the Center for Strategic and International Studies (CSIS). A leading authority on Chinese economic policy and US-China commercial relations, Kennedy has been traveling to China for 35 years. His specific areas of expertise include industrial policy, technology innovation, business lobbying, U.S.-China commercial relations, and global governance. His articles have appeared in a wide array of policy, popular, and academic venues, including the New York Times, Wall Street Journal, Foreign Affairs, Foreign Policy, and China Quarterly. He is author of (with Wang Jisi) Breaking the Ice: The Role of Scholarly Exchange in Stabilizing U.S.-China Relations (CSIS, 2023), The Fat Tech Dragon: Benchmarking China’s Innovation Drive (CSIS, 2017), and The Business of Lobbying in China (Harvard University Press, 2005); and editor of China’s Uneven High-Tech Drive: Implications for the United States (CSIS, 2020) and Global Governance and China: The Dragon’s Learning Curve (Routledge, 2018). From 2000 to 2014, Kennedy was a professor at Indiana University (IU), where he established the Research Center for Chinese Politics & Business and was the founding academic director of IU’s China Office. Kennedy received a PhD in political science from George Washington University, and his M.A. from Johns Hopkins-SAIS. He was a student at the Hopkins-Nanjing Center for the 1991-92 academic year.
Ms. Lara Dong
Lara Dong is a senior director on the Climate and Sustainability Group at IHS Markit, based in Beijing, China.
Lara Dong leads Greater China power and renewables research and is a member of Asia's research and consulting team. Ms. Dong focuses on Greater China's power and renewable market fundamentals, key players across the value chain, and policy and market reform analysis. Prior to joining IHS Markit, Ms. Dong spent eight years at Rio Tinto, most recently as principal advisor, where she researched commodity market fundamentals and generated China policy insights in coal resources and electricity procurement options for aluminum smelting. In her role at Rio Tinto, she oversaw global coal price forecast and cross-commodity research on industrial, environmental, and state-owned enterprise reform policies. Earlier, Ms. Dong served at Noble and BHP Billiton as an analyst with cross-commodity research responsibilities, and at the Canadian Imperial Bank of Commerce as a debt market research analyst. A CFA charterholder, Ms. Dong holds a bachelor's degree in economics from Xiamen University, China, and a Master of Business Administration from the University of Toronto, Canada.
Mr. Björn Conrad
Björn Conrad has almost two decades of China experience. He is a recognized expert on China’s industrial policy and regulatory context as well as its digital and technological transformation. Before starting Sinolytics, he was the Vice President of the Mercator Institute for China Studies (MERICS). Before, he worked as China Specialist at the World Bank in Washington D.C. and UN FAO in Rome, designing and managing projects in almost all provinces of the PRC. Earlier, he gained consulting experience with the Boston Consulting Group. He holds a degree in Sinology, Economics and Politics from Trier and Peking University as well as a Masters degree from Harvard University.