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

General Press Releases Thursday May 21, 2020 12:00
BEIJING--21 May--PRNewswire/InfoQuest

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
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
Caption - Designing the Future: China's Five-Year Plans Since 1953
Logo - https://photos.prnasia.com/prnh/20200228/2733726-1-logo

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