top of page

"Staying in Dialogue with China" – Recording of Webinar #2 with ZHU Guangyao on "Four years into 14th Five-Year-Plan - taking stock of its execution after the NPC 2025" (23rd April 2025) #CMG-pub

  • Writer: China Macro Group (CMG)
    China Macro Group (CMG)
  • Apr 28
  • 2 min read
Speaker Xu Qiyuan


April 2025 | In our second webinar of the 2025 edition of the “Staying in Dialogue with China” webinar series which is this time dedicated to the theme of China’s next and upcoming 15th Five-Year-Plan (2026-2030), we talked to ZHU Guangyao, Vice Chairman of CCIEE and Former Vice Minister of the Ministry of Finance.

 

Against the backdrop of the 15th Five-Year-Plan (2026-2030) being drafted these months, this webinar wants to take stock of the implementation of the 14th Five-Year-Plan (2021-2025) to date, which was drafted in the first year of the Covid pandemic in 2020, endorsed by the NPC in 2021 and is now in its fifth and last year of execution.

 

This time period eventfully witnessed, among many more, China’s real estate crisis, the 20th Party Congress, ASEAN becoming China’s largest trading partner, an aggravated level of insufficient demand and overcapacity in China’s economy, the end of Covid-related restrictions and the re-opening of its borders, Russia launching its war against Ukraine, the peaking of China’s population, new market governance dynamics shifting from tensions to reconciliation with China’s private sector, two US presidents, and finally the “Deep Seek” moment.

 

We discussed the following key topics with our esteemed guest, ZHU Guangyao, Vice Chairman of CCIEE and former Vice Minister of the Ministry of Finance:


  • The strategic role and impact of the Dual Circulation policy concept

  • Highlight key challenges and key policymaking actions under the 14th Five-Year-Plan

  • Reform announcements at the «Third Plenum” (July 2024) and their implementation

  • China’s evolving external environment, incl. Trump 2.0 and US-China relations

  • China’s technological momentum, dependencies and ambitions

  • State and outlook of China’s post-Covid economic recovery

  • Changing premises and external factors for the 15th Five-Year-Plan

 

This webinar was moderated by Markus Herrmann Chen, Co-Founder and Managing Director of CMG.


ZHU Guangyao, a native of Beijing Municipality, was born in July 1953. He was Vice Minister and a member of Party Group of Ministry of Finance, and Deputy Director of the Office of the Leading Group on Finance and Economic Affairs of the CPC Central Committee. Specialized in global finance and economic affairs, he has participated in preparation and implementation of dialogues since the setting-up of Sino-US Strategic Economic Dialogue, which gained him wide recognition for his contribution and influence in the global economic and finance sector. He was engaged as a counsellor of the State Council in July 2018.



 Watch the webinar recording here:




Note: We apologize for the quality of the webinar recording, which was affected by unstable internet connections during the session. We appreciate your understanding.










bottom of page