Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, May 21 2020 - 14:58
AsiaNet
CGTN: Five-Year Plans map out China's future development
BEIJING, May 21, 2020 /PRNewswire-AsiaNet/ --

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:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=363960

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

Translations

Japanese