How do you see yourself in five years?

Many of us probably got that question at the job interview or the development interview, and that is the question China asked itself through the Communist Party's central committee during this week's meeting at the Jinxi Hotel in central Beijing.

Although China is no longer the planned economy Mao created after taking power - the first five-year plans were nailed down as early as 1949, but despite increased market share of both private enterprise and state capitalism, clear goals are still set for political, economic and social reforms.

We will not know what the five-year plans look like in detail this time until the People's Congress in March, but some have already leaked out.

Investment in own computer components

It has previously been signaled that China is moving towards a more inward-looking period, with investments in developing its own technology in areas where it is lagging behind and dependent on abroad.

The trade dispute with the United States and the controversy surrounding the telecom company Huwawei have led to restrictions for American companies exporting technical components to the Chinese market.

This means that investments in developing own computer components, such as semiconductors, are likely to be an important goal.

"Double circulation economy"

This is assumed to be a security policy-motivated part of a broader reform to convert the economy to what is called a "double circulation economy".

China's leader XI Jinping has given speeches several times recently in which he launched this concept.

The basic idea is that the Chinese should consume more domestic products and imports are limited to things that you cannot produce yourself.

Sensitive issues, such as the future strategy for Hong Kong and Taiwan, are also said to have been discussed at the meeting.

And how China will concretely change its industry in order to become carbon neutral by 2060, as Xi Jinping promised in a speech at the UN a couple of weeks ago.

Today, China is the world's largest carbon consumer and major efforts are needed to cope with an energy transition.