China has risen to become a superpower in recent years.
In fact ,according to a posting on the U.S.-China Economic & Security Review Commission, the policies outlined in the 13th Five-Year Plan seeks to create new Chinese competitors that will be able to challenge U.S. companies abroad, while slowly closing market opportunities in China for U.S. & other foreign firms in important high-tech sectors such as bio-pharmaceuticals, robotics & aviation.
The 13th FYP established the vision for China's development over the next 5 years, which seeks to create a "moderately prosperous society in all aspects" through the following key themes:
Jason Ow S. H.
Senior Financial Consultant