Chinese leaders are this month to lock in the country’s 12th five-year plan, having laid out their priorities late last year.
At the top of their list is unleashing consumer demand in a country notorious for its yawning trade imbalances, while curbing growth in seven manufacturing sectors – including wind and polysilicon – deemed to be in “severe overcapacity”, according to Yang Kaisheng, president of Industrial and Commercial Bank of China.
The
