In the fifth session of the webinar series “Staying in Dialogue with China 2025/26”, Markus Herrmann Chen, Co-Founder and Managing Director, China Macro Group (CMG) will be talking to Yao Yang, Professor and Dean of the Dishuihu Advanced Finance Insitute, Shanghai University of Finance and Economics, and former Dean of Peking University's national School of Development (NSD).
This dialogue with leading Chinese economist Yao Yang will discuss the "Proposition" (建议) as endorsed by the Fourth Plenum of the CCP's 20th Central Committee. Held between the 20th and 23rd of October, 2025, it defined the policy substance that is now guiding the state bureaucracy to draft the national 15th Five-Year-Plan (2026-2030).
The 15th FYP will be deliberated, formally endorsed by the National People's Congress and published in the first half of March 2026. This dialogue is primarily targeting European business to provide a clearer sense of how the Chinese market and economy as a strategic business context for international business are evolving.
Key questions that will be discussed in this dialogue include:
- What the policy slogan "investing in people" (投资于人) really means
- How the "new-quality productive forces" as industrial policy framework succeeding Made-in-China 2025 are being planned
- Will there be a stronger emphasis on China's new growth drivers such as household consumption and service
- How China can increase its Total Factor Productivity
- If China's "anti-involution" measures show momentum
- What new and proactive wordings of China's agency and goals in foreign affairs mean
- and if there will be a general policy recalibration towards less emphasis on security compared to development interests
Join this webinar to help better anticipate key policy priorities and shifts of China's next Five-Year-Plan. Click here to read more and sign up!
About the Webinar Series:
This webinar is part of the webinar series 'Staying in Dialogue with China'. The series will bring you six webinars with distinguished China-based experts, concentrated between February 2025 and February 2026.
'Staying in dialogue with China' is organized and hosted by China Macro Group (CMG), with Caixin Global as Anchor Partner, in cooperation with China Europe International Business School (CEIBS), Chinaforum Bayern, Swissmem, Danish-Chinese Business Forum (DCBF), SwissCham China, the Stein am Rhein Symposium (stars), Norwegian Business Association China (NBA China), and EuroCham Singapore.
