The document discusses trends in China's economy and IT market. It notes that while China's economy is slowing, it is still growing and IT spending remains high. The Chinese government's 13th Five Year Plan aims to transition China's economy through six major initiatives focusing on innovation and emerging technologies. The document advises international companies to pursue partnerships along five directions: key Chinese IT companies, city/provincial governments, licenses, state-owned enterprises, and internet companies in order to succeed in China's transitioning market.