McKinsey Quarterly: What China’s five-year plan means for business

Extracted 14JUL2011 from https://www.mckinseyquarterly.com/What_Chinas_five-year_plan_means_for_busine...

The industries that will benefit most from the government’s efforts to retool the Chinese economy and to boost domestic consumption are consumer-facing ones such as airlines, fast-moving consumer goods, food, pharmaceuticals, shipping, and tourism...

The government is also shaping the competitive environment in other ways. Industries such as education, financial services, health care, and logistics are being deregulated, further opening the market to foreign companies...

To maintain profit growth rates, banks must identify the plan’s new revenue streams—for example, in support for small- and medium-sized businesses, digital banking, and wealth management—and build capabilities in managing risk and talent and in other value-added roles...

Improved infrastructure is critical to the country’s urban-development program, and the central government has laid out clear plans for expanding the penetration and capacity of China’s rail, power, and communications networks...

Foreign companies are quite interested in selling to the national infrastructure networks, which clearly offer big opportunities as their expansion continues.