The fifth plenum, China’s major policy meeting, took place behind closed doors in Beijing from October 26-29, 2020. The 200-member strong Central Committee, the top decision-making body of the ruling party, delivered a work report, a draft five-year plan and a document outlining China’s long-term objectives up to 2035. The 14th five-year plan’s key targets were disclosed in a communique that was issued after the plenum on October 29. The plan for the coming years includes measures to identify policy priorities for keeping the economy growing amid the Covid-19 pandemic, supply chain disruptions, toxic relations with the West and the looming global economic downturn. More detailed drafts of the five-year plan will be released in the coming weeks. It will be approved by China’s top lawmaking body, the National People’s Congress, in March 2021.

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube