China is setting its economic course under the 15th Five-Year Plan, with a stronger push toward technology led growth, industrial upgrading and efforts to curb excess competition across manufacturing. At the same time, Beijing is targeting 4.5 to 5 percent GDP growth this year while navigating weak domestic demand and a more uncertain global backdrop. So what does this mean for China’s macro outlook? Shihao Li, A-Share Strategist at CITIC CLSA, helps us unpack the picture.