The 13th Five-Year Plan aims to create a moderately prosperous society by 2020, with expected GDP average annual growth of 6.5% in real terms. To achieve this, China will maintain middle to high speed economic growth during the "Thirteen Five" period, and will press forward with a series of ancillary reform targets, including reforming state-owned enterprises, establishing a sound modern market system, perfecting the open policy, and speeding up the financial system reform. The Plan proposes establishing a new and comprehensive open market structure in the coming five years, with service trade accounting for more than 16% of foreign trade, and expanding the open field of utilizing foreign capital. It also supports enterprises to expand foreign investment and cooperation, and encourages the development of innovation-driven industries. Hong Kong is expected to play a key role in China's financial system reform and in attracting foreign investment.
