An employee of a Chinese tech firm uses a precision instrument to manufacture chips at a workshop in Haikou, Hainan province, on Feb 24. The nation’s high-quality development blueprint for the next five years, in areas such as artificial intelligence, high-end manufacturing, and semiconductors, is reshaping global investors’ perception of Chinese assets. SU BIKUN/FOR CHINA DAILY
BEIJING — With China adopting its new development blueprint for the next five years, multinational companies and global investors are seeing tangible opportunities across key sectors in the world’s second-largest economy and expressing willingness to expand their presence in the Chinese market.
Through systematic planning and phased adjustments, the outline of the 15th Five-Year Plan (2026-30) for national economic and social development turns long-term strategic goals into practical actions, ensuring continuity while allowing for flexibility, said Jiang Ying, chair of Deloitte China.
The blueprint carries significant implications for global finance and investment.
The innovation momentum shown by Chinese companies in areas such as artificial intelligence, high-end manufacturing, semiconductors and new energy is reshaping global investors’ perception of Chinese assets, said Janice Hu, China head of UBS AG and chairperson of UBS Securities.
Chinese assets are gradually shifting from being a mere “portfolio option” to a “strategic imperative”, Hu said, adding that this creates a historic opportunity for foreign financial institutions with global asset allocation capabilities to take part in China’s high-quality development.
Tanks to chinadaily.com.cn
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