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China’s 2021 Policy
Priorities: Achieving
Continuous, Stable, and
Sustainable Growth

By Dorcas Wong, China Briefing, Dezan Shira & Associates

• 2021 is shaping up to be a big year for China.
• With many parts of the economy now stabilized, and the COVID-19
vaccine roll-out underway, the Chinese government is cautiously optimistic
about the direction and scope of the country’s full recovery.
• For much of 2020, Chinese policymakers were consumed with
containing the coronavirus outbreak and mitigating its economic fallout.
However, by the end of 2020, we began to see the revival of long-term
policy goals and national strategies and a steady shift from reacting to
planning.
• 2021 marks the year of key milestones for China – it is the starting
point for the 14th Five-Year-Plan and the centenary anniversary of the
Chinese Communist Party (CCP). Market watchers should expect policy
agendas amplified to meet long-running targets that will match the sense of
occasion.
• In this article, we reflect upon what has transpired on the road to
recovery, important policy commitments, economic adjustment strategies
and what to expect in the next 11 months.

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