Subject
Economic policy in China.
Significance
Details of the 13th Five-Year Plan, which will set China's economic policy to 2020, have emerged following the annual plenary meeting of the Communist Party's Central Committee last month.
Impacts
Doubling GDP by 2020 will be difficult under a 6.5% growth target, especially with greater focus on 'quality' growth.
Reforms of the one-child policy and social security system are uncontroversial and will not have significant near-term impact.
The absence of personnel announcements may suggest that Xi no longer needs Central Committee approval to appoint (and remove) key personnel.
