Dear Members and Friends of SwissCham,

SwissCham Beijing is delighted to invite you to our supported "Staying in Dialogue with China​" webinar series. The upcoming webinar "Reality check" - interpreting the 15th Five-Year-Plan "proposition" (建议) as key output of the CCP's 20th CC "Fourth Plenum" to anticipate policy priorities and shifts, taking place on Friday, January 23, 2026, 9-9:45am CET | 4-4:45pm CST CST over Zoom.

In the fifth webinar of the 2025/26 edition of the "Staying in Dialogue with China" webinar series (https://www.chinamacro.ch/webinar​), which is this time dedicated to the theme of China's next and upcoming 15th Five-Year-Plan (2026-2030), we talked to YAO Yang, former Dean of the National School for Development at PKU.

This webinar 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 20 and 23 October 2025 which defined the policy substance that is now guiding the state bureaucracy to draft the national 15th Five-Year-Plan (2026-2030).

This 15th FYP will be deliberated, formally endorsed by the NPC 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 MIC25 are being planned,

· will there be a stronger emphasis on China's new growth drivers such as household consumption and services,

· how China can increase its Total Factor Productivity (TFP),

· if China's "anti-involution" measures show momentum,

· what new and proactive wordings of China's agency (主动运筹国际空间、塑造外部环境) and goals (支持全球南方联合自强) in foreign affairs mean,

· and if there will be a general policy recalibration towards less emphasis on security compared to development interests.

Join us for this webinar dialogue to help you better anticipate key policy priorities and shifts of China's next Five-Year-Plan.

This webinar will be moderated by Markus Herrmann Chen, Co-Founder and Managing Director of CMG. Take the opportunity to listen in and ask your questions to YAO Yang.

Recording/ Transcript: We will share the link to watch the recording with all participants after the webinar.

With best regards,

Your SwissCham Team