CWR > Volume 8(2); 2022 > Article
Research Article
Published online: September 1, 2022

China’s Development Plan for the Utilization of Foreign Capital during the 14th Five-Year Period: Prospects and Analysis

Min Zhao
Shanghai Lixin University of Finance and Economics
36(601), No. 281 Hong Xiang Road, Song Jiang District, Shanghai, PRC.
Corresponding Author:

ⓒ Copyright YIJUN Institute of International Law. This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License ( which permits unrestricted non-commercial use, distrJuvenile Offenders in Community Corrections: A Systemic Look at Risk Evaluation Methods to Implement UN Resolutions under the Chinese Legal Systemibution, and reproduction in any medium, provided the original work is properly cited.


On October 22, 2021, the Ministry of Commerce of the People’s Republic of China (PRC) promulgated the Development Plan for the Utilization of Foreign Capital during the 14th Five-Year Period. The plan has attracted wide attention from investors and scholars at home and abroad. The global economic recovery is full of unpredictable challenges due to the spread of Covid-19, so absorbing foreign investment is critical to the economic development in most countries. The plan was based on the 14th Five-Year Plan for National Economic and Social Development and the Outline of Long-term Objectives for 2035. China is changing the direction of attracting investment from manufacturing industry to service industry. This article discusses China’s current utilization of foreign capital and analyzes the newly promulgated plan, including its key features, overall objectives, and basic tasks. It also examines the opportunities and challenges China faces in its future utilization of foreign capital.

Keywords : 14th Five-Year Period, Foreign Capital, Pilot Free Trade Zones, Negative List of Market Access

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