What does China's latest Five Year Plan focus on?

With the Chinese economy showing signs of stabilisation after rounds of monetary easing and fiscal stimulus, what does the remainder of 2016 hold for the country, asks Wells Fargo's Anthony Cragg.

Chinese equities reflected signs of stabilisation in March with share prices rebounding from excessively pessimistic levels and were led by cyclicals. March also saw Moody's cut China's sovereign rating outlook from stable to negative, citing uncertainty over implementation of economic reforms, declining fiscal strength with rising government debt and falling foreign reserves. However, rating agencies tend to be lagging indicators, as macro numbers are, in fact, stabilising. Foreign exchange reserves held above $3.2trn, the renminbi remained steady at ¥6.5/$ on less outflow pressure, ...