Question

1. A document that comes out every five years, evaluating the developments in the previous 5 years and laying out the policies for the next five years is closely watched by foreign companies doing business in China. Which document is that, and at what event does it become public?

Answer 1

The document is popularly known as ' China's five year plan' which is actually a blueprint of what China is going to accomish in various sectors in the upcoming five years and also it takes into consideration of the effectiveness of the policies in the previous 5 years. This sort of plan is in action since the year 1953 and the investors keep a close eye on it to understand the government goals and mold their business accordingly. It becomes public during the People's Party Congress usually taken at a national level on the whole.

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