Video Player Close BEIJING, March 5 (Xinhua) — China on Friday unveiled a draft blueprint for economic and social development over the next five years and clarified the long-range objectives through the year 2035, setting policy priorities for a new development stage that is crucial for the country to achieve socialist modernization. The document, which is being reviewed by the ongoing annual session of the country’s top legislature, listed major social and economic goals for the 14th Five-Year Plan (2021-2025) period. The five-year plans are an important mechanism initiated in the 1950s, which has navigated the country through economic ups and downs, as well as changes in the external environment, helping China secure a major increase in the strength of the nation and its social and economic development. Last year, the country’s gross domestic product exceeded the threshold of 100 trillion yuan (15.4 trillion U.S. dollars) to reach 101.5986 trillion yuan. The figure was 1,232 times more than that in 1953, when China started implementing its first Five-Year Plan, marking the country’s miraculous transformation from an economic backwater to the world’s second-largest economy. Over the years, China’s five-year plans have seen their focus evolving with the changing national conditions. Before… Read full this story
- China Communist Party Congress draws up five-year plan
- News Analysis: WeWork's biggest problem? It had too much money
- US defense chief cautions Europe to be wary of China
- AP News in Brief 09-12-19
- Global Electric Bike Market Analysis, Insights, Forecast to 2025
- China Congress outlines 'tougher problems' with growth target
- Business Plan Software Market
- District 303 seeking firms to complete facility master plan
- China plans e-cigarette controls amid growing health concerns
- Boeing seals China plane deal as Xi tours factory
News Analysis: How China's five-year plans catalyze its rejuvenation have 274 words, post on www.xinhuanet.com at March 5, 2021. This is cached page on Vietnam Dance. If you want remove this page, please contact us.