Saturday, 12 March 2016

Top 10 key investment fields in China's 13th Five-Year Plan

Beijing -- The People's Congress and the Political Consultative Committees of China are holding the so-called "two sessions" meetings in Beijing to discuss the development goals and policy methods to achieve them for 2016 and the entire 13th Five-Year Plan period(2016-2020).

The draft outline of the 13th Five-Year Plan on national economy and social development was presented on March 5 to the Fourth Session of the 12th National People's Congress for review.

Let's take a look at the 10 key investment fields in the 13th Five-Year Plan:

Agricultural modernization;

Intelligent manufacturing;


Environmental protection and eco-friendly goods;

Clean-energy autos;

Internet Plus and 5G telecom technology;

Reform of State-owned enterprises;

Belt and Road Initiative;

Building world-class city clusters in the Beijing-Tianjin-Hebei region;

Healthcare and retirement;

China completes drafting its first e-commerce law

BEIJING - China has completed a draft version of the country's first e-commerce law to guide the sector's sound development, a lawmaker said Thursday.

The draft will be submitted as early as possible to the Financial and Economic Affairs Committee of the National People's Congress (NPC) for review, said Uzhitu, vice chairman of the committee, at a press conference on the sidelines of the annual parliamentary session.

After that, the draft e-commerce law will be presented to the NPC Standing Committee for further reading, Uzhitu said.

The legislation is necessary to deal with new problems in data protection and infringements upon customers' interests, he said.