As global markets seek stability, a fresh voice emerges from South Africa encouraging more foreign investment in China. Professor Jaya Josie of the University of the Western Cape, who has monitored China's five-year plans since South Africa joined BRICS, views the recently adopted 15th Five-Year Plan (2026-2030) as a catalyst for high-quality growth and greater certainty in an unpredictable world.
The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China concluded this October with the approval of the recommendations for the 15th Five-Year Plan for Economic and Social Development. Covering 2026 through 2030, the blueprint charts a path from past achievements towards future modernization goals, emphasizing innovation, sustainability and opening-up.
"This plan introduces some level of certainty in a world where there is uncertainty, where there is unpredictability," says Josie. He highlights the shift towards high-quality growth—moving beyond rapid expansion to focus on green technologies, digitalization and deeper international cooperation.
For foreign investors navigating a complex geopolitical landscape, the new FYP promises a clearer policy framework. By outlining strategic priorities—such as boosting research and development, supporting emerging industries and reinforcing environmental standards—the plan could help global businesses align long-term projects with national goals.
As young entrepreneurs and change-makers across G20 nations look for growth opportunities, Josie's analysis offers a timely perspective: China's 15th FYP may well bridge the gap between past momentum and future modernization, inviting a more stable and predictable investment environment.
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South African scholar says China's 15th FYP positive for investment
cgtn.com
