Clifford Chance

China releases Five-Year Plan for financial reform

7 April 2016

On 17 March 2016, China officially released its economic and social development blueprint for the five-year period from 2016 to 2020. This is China's 13th Five-Year Plan (Plan) which, upon approval by the Two Sessions meeting in March 2016, is now the guiding principles for China's development in the next five years. The Plan illustrates the direction China will take in all aspects of its social, economic and political development.  This briefing specifically highlights China's initiative under the Plan to accelerate its financial reform in the next five years.

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