In our note back in November, we discussed the main points of the 14th Five Year Plan of China, and we said that implementation was important. In another note, we analysed China’s goal of becoming an advanced economy by 2035 – which means approximately doubling its GDP level from 2020 levels. On top of which, China has pledged to become a net zero CO2 emission economy by 2060. This year’s Two Session meeting is the first in the 14th Five Year Plan. The meetings will set out actionable steps to achieve the policies of the five-year plan, doubling of the economy, and decarbonisation of the economy. What we expect from ... (full story)