CGTN: Five-Year Plans map out China's future development

CGTN

AsiaNet  84110

 

BEIJING, May 21, 2020 /PRNewswire=KYODO JBN/ --

 

China's Five-Year Plan (FYP) system is formulated to make plans for economic

and social development over the coming five years. CGTN has recently launched

an interactive page to review China's Five-Year Plans since 1953.

 

Access CGTN's interactive page on Five-Year Plans: Designing the Future

(https://news.cgtn.com/event/2020/Designing-The-Future/index.html)

 

The first FYP started in 1953. A total of 13 five-year plans have been made and

implemented except for a period of economic adjustment between 1963 and 1965.

 

2020 is the last year of the 13th FYP. Now China is drafting its 14th such

document. All eyes will be on China's annual Two Sessions in late May for more

details to be released.

 

CGTN analyzed and visualized China's FYPs in terms of their length, main

targets and plans for industry, agriculture, health, governance, science and

technology, environment, foreign trade and national defense.

 

The blueprint lays out detailed targets and guidelines covering economic,

social, educational and environmental matters. The primary objectives contain

targets for economic growth, directions for economic reforms and industrial

restructuring.

 

From the first to the 13th FYPs

 

After the founding of the People's Republic of China in 1949, China's economy

went through a recovery period. In 1953, the central government launched its

first FYP (1953-1957), which aimed at turning China from a agricultural country

into an advanced industrial country with a focus on the development of the

heavy industry.

 

The next five FYPs put emphasis on agricultural and industrial development. The

second FYP (1958-1963) carried on the industrial development centered on heavy

industry. The major tasks of the third one (1966-1970) were to develop

agriculture and strengthen basic industries. The fourth (1971-1975) set goals

for output of agriculture and industry and investment in infrastructure. The

fifth FYP (1976-1980) set up a goal of building up an independent and

relatively complete industrial system.

 

From the second to the fifth FYPs, the Chinese government was in an exploring

period of setting up and implementing its own medium- to long-term development

guidelines. The goals went through constant adjustment along with the

accumulated knowledge and experience.

 

China's early FYPs once set specific production quotas, for instance, for steel

and grain. Since the early 1980s, as China was in the process of establishing a

socialist market economy as part of its socialism with Chinese characteristics,

the role of the plans has been relaxed, with most numerical targets abandoned.

 

The sixth FYP (1981-1985) mainly focused on adjustment and solving the problems

of previous plans.

 

The interactive project analyzed the text of the first and the seventh to 13th

FYPs as the full text of the second to sixth was not available. The eight

official documents involve 360,000 Chinese characters.

 

In terms of the length of each FYP, the first one is the longest, serving as

foundation for future plans.

 

The seventh FYP (1986-1990) hatched up to build a foundation for a new

socialist economic system with Chinese characteristics.

 

The eighth FYP (1991-1995) put industrial restructuring in priority, and

further promoted the development of technology, education and foreign trade.

 

Major objective of the ninth FYP (1996-2000) included establishing

preliminarily a socialist market economy and further upgrading industrial

structure.

 

The 10th FYP (2001-2005) aimed to build a relatively complete social security

system and make significant progress in establishing a modern enterprise system

in state-owned enterprises.

 

The 11th (2006-2010) proposed to optimize and upgrade the industrial structure

and improve resource utilization.

 

The 12th (2011-2015) purposed to increase input in education and science and

technology and set goals for environmental protection.

 

The 13th (2016-2020) put forward to use innovation to drive development.

 

In recent years, the plans have been not just economic in focus. Much attention

is also given to a wider range of priorities including environmental protection

- targets for cutting carbon emissions and optimizing energy use - and to

social welfare programs such as health security and job creation.

 

Read original article:

https://news.cgtn.com/news/2020-05-15/Five-Year-Plans-map-out-China-s-future-development-QvANs2JxVS/index.html

 

 

Photo - https://photos.prnasia.com/prnh/20200521/2809676-1

Logo - https://photos.prnasia.com/prnh/20200228/2733726-1-logo

 

 

SOURCE: CGTN

 

Image Attachments Links:

 

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   Caption: Designing the Future: China's Five-Year Plans Since 1953

 

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