Tuesday 12 October 2010

CHINA 2011-15

Seeking Alpha

CHINA INDUSTRIAL POLICY: THE 12TH FIVE-YEAR PLAN

China Analytics

Seeking Alpha, October 12, 2010

The fall political season is about to get underway in China, and in advance of more official statements from the central government about the focal areas for the next 5-year plan provincial governments are leaking the broad strokes of their own proposed agendas to the media. Behind the scenes provincial and city-level governments are fully engaged in competition for preferential policy treatment where it comes to land usage, tax transfers and directed lending. It goes without saying that once individual regions are written into the central government's 12th Five Year Plan they are destined to receive “a policy windfall”, and with the NDRC having been engaged in an intensive period of local "inspection tours" there are likely to be some tired looking faces among the local and regional delegates at the upcoming meetings in Beijing.

(...) [artículo aquí]

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