The National Development and Reform Commission recently held a symposium in Beijing on preparations for the 14th Five-Year Plan, which is the blueprint for development from 2021 to 2025, The Paper reported.
The meeting also evaluated the implementation of the 13th Five-Year Plan and discussed the main development theme, tasks and major issues that need to be highlighted from 2021 to 2025.
China began to develop the first “five-year plan” in 1953. And it is currently in the middle of the 13th Five-Year Plan (2016 – 2020), which has proposed an annual average economic growth rate of more than 6.5%.
One of the main responsibilities of the NDRC is to formulate and organize the implementation of national economic and social development strategies, including medium and long-term plans as well annual plans.
China should just set an appropriate high income target to be achieved for 2025.like achieving Spain standard of living for example.
China should just set an appropriate high income target to be achieved for 2025.like achieving Spain standard of living for example.