China's five-year plan: The sectors set to boom

Mark Kopinski, chief investment officer, global and non-US equity at American Century Investments, looks at the guidelines set out in China's new Five-Year Plan and what they mean for investors.

By almost any measure, China is one of the greatest economic success stories of the 20th century. Driven by a booming export sector and high rate of GDP growth, the country now claims the title of the world’s second-largest economy. Over the past several decades, the standard of living has improved and millions of its citizens have been lifted out of poverty. In order to sustain future economic and social growth for a country with 1.3 billion people, China’s leaders issued a set of guidelines for the country’s 12th Five-Year Plan for the period 2011-2015. The central theme of the n...