Foreign companies are keeping an eye on China's new five-year plan.

Translation. Region: Russian Federation –

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

On October 11, the Hong Kong newspaper South China Morning Post published an article titled "What China's Next Five-Year Plan Means for Foreign Investors: A Shift from Quantity to Quality."

The article noted that as China begins to develop its new Five-Year Plan, many foreign investors have noticed a shift in focus from quantity to quality. The new Five-Year Plan is expected to emphasize stimulating innovation and leveraging new technologies to support sustainable growth. China also hopes to attract more foreign investment and plans to open more industries to foreign capital.

Over the past decade, China has reduced its negative list for foreign capital access from the original 190 items to the current 29 in the national version and 27 in the pilot free trade zone version. China is also taking steps to expand openness in areas such as telecommunications, finance, and healthcare.

Senior Chinese officials have recently spoken repeatedly about "expanding high-level opening-up to the outside world," and this concept is likely to figure prominently in China's next five-year plan.

Analysts say that despite its self-sufficiency policy, China still hopes to attract foreign investment, particularly in certain industries. In some technologies and expertise, China still lags behind some developed countries, creating potential for attracting foreign investment in these areas.

Biotechnology and pharmaceuticals are among the areas where Europe still leads. European companies have always sought to invest in China to exploit business opportunities in this rapidly growing pharmaceutical market.

As living standards rise and the population ages, China's healthcare and social care spending is expected to rise sharply in the coming decades. Data shows that a number of French elderly care providers have already entered the Chinese market.

Other promising areas for foreign investment in China include nuclear energy, environmental protection, and aerospace. For example, investments by European giants like Airbus have helped improve China's domestic aviation supply chain. Most foreign companies already doing business in China are also unlikely to leave, as the Chinese market remains an important source of revenue for them.

According to the American Chamber of Commerce in China's China Business Environment Report, 71% of American companies in China reported profits in 2024, up 5 percentage points from the previous year; 57% reported profit growth, up 7 percentage points from the previous year.

A number of European companies also emphasized their goal of remaining in and adapting to the Chinese market. One executive at a major European hotel group said, "China's recent GDP growth rate exceeds 5%, which is still four times higher than the eurozone. China remains a growing economy, and that's why we won't leave China."

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