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2015-10-26 — bloomberg.com
China's leaders gathering in Beijing this week to formulate the 13th five-year plan confront an era of sub-7 percent economic growth for the first time since Deng Xiaoping opened the nation to the outside world in the late 1970s. Old drivers such as manufacturing and residential construction are sputtering, and new areas like consumption, services and innovation aren't picking up the slack quickly enough.
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Xi's first 5-year plan will touch on almost every corner of nation building, from the military and population policies to environmental measures and a regional investment vision. It is also expected to outline the dismantling of currency controls, lower barriers for foreign non-bank financial firms and emphasize home-grown technologies.
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