A 5G network tower on a street in Beijing on April 7. So-called new infrastructure such as 5G, smart power transmission and high-speed railways are expected to replace highways, airports and other traditional forms of infrastructure as investment targets in China’s next five-year plan. Photo: AFP A 5G network tower on a street in Beijing on April 7. So-called new infrastructure such as 5G, smart power transmission and high-speed railways are expected to replace highways, airports and other traditional forms of infrastructure as investment targets in China’s next five-year plan. Photo: AFP
A 5G network tower on a street in Beijing on April 7. So-called new infrastructure such as 5G, smart power transmission and high-speed railways are expected to replace highways, airports and other traditional forms of infrastructure as investment targets in China’s next five-year plan. Photo: AFP
Chaoping Zhu
Opinion

Opinion

Macroscope by Chaoping Zhu

Why economic rebalancing will be at the heart of China’s next five-year plan

  • As Beijing seeks high-quality, more efficient and fairer development, rebalancing is likely to be key, especially given the increasingly complicated international environment
  • To achieve this, China may well advocate further marketisation reforms, while continuing to support the development of strategic sectors

A 5G network tower on a street in Beijing on April 7. So-called new infrastructure such as 5G, smart power transmission and high-speed railways are expected to replace highways, airports and other traditional forms of infrastructure as investment targets in China’s next five-year plan. Photo: AFP A 5G network tower on a street in Beijing on April 7. So-called new infrastructure such as 5G, smart power transmission and high-speed railways are expected to replace highways, airports and other traditional forms of infrastructure as investment targets in China’s next five-year plan. Photo: AFP
A 5G network tower on a street in Beijing on April 7. So-called new infrastructure such as 5G, smart power transmission and high-speed railways are expected to replace highways, airports and other traditional forms of infrastructure as investment targets in China’s next five-year plan. Photo: AFP
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