Interview: China's five-year plan offers a lot to world -- Pakistani business leader

China's 13th Five-Year Plan, the draft outline of which is being deliberated at the annual sessions of China's national legislature and its top advisory body, offers a lot to the international community, a Pakistani business leader said.

"China will be the leading source of global growth in the coming five years, and the world can take benefits from Chinese experience and expertise," Amanullah Khan, chairman of the Pakistan-China Business and Investment Promotion Committee, told Xinhua in a recent interview.

The rise of China and its expanding investment will bring new opportunities for other countries' economic development, and countries around the world can push their economic development by partnering with China, said Khan.

China's new plan will focus on three areas of internet-plus, the services sector, and strategic industries that include new energy, biotechnology, environmental protection and new generation information technology, Khan said.

The plan's components of innovation, coordination, corruption-free society with further openness and shared development will definitely attract and make ease for foreign companies, he said.

China's anti-corruption cause will be a good example for many other countries that have been troubled by the same problem, he said.

Khan said that, unlike many other self-centered forces, China is helping and supporting many other countries to get out of the financial crises.

He also noted that China's "Belt and Road" initiative will be a great gift to the world, believing there is no country than China in the region that can do something practical about connectivity.

The "Belt and Road" initiative will trigger a business and employment revolution in the world, especially in the region, he added.

Khan also pointed out that the implementation of the 13th Five-Year Plan will bring social development and financial stability to China in the next five years.

He expressed the hope that the plan will help China develop an open, transparent and healthy capital market.

The Pakistani business leader also said that corruption is a major problem that has long troubled China's development, and that the plan will hopefully bring corruption under control as the Chinese government has already taken action against corruption.

China's health sector does not suit its international posture at all, especially in small cities, but now the 13th Five-Year Plan proposes medical insurance for urban and rural households to cover serious illnesses, Khan said.

Pollution has been one of the biggest problems affecting China's progress, Khan said, but he believed that the new plan will bring a big cut in pollution in the future.

The Chinese government has set a five-year economic growth target that would double China's gross domestic product and per capita income between 2010 and 2020, Khan said.

He also said that China has decided to increase investment in poverty reduction and create new financing channels to help reduce poverty. That will help China to build itself into a comprehensively well-being society in 2020, he said.

The five-year plan, which sets out policies for social development and economic growth, identifies promising areas for investment and indicates where governmental resources will be concentrated, shows the wisdom of the Chinese leadership, Khan said. Endi