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 The visionary aspect of China's development

For thousands of years, Confucian classics have taught that those who plan ahead are more likely to succeed. This year, China is about to complete its 14th Five-Year Plan (2021-2025) and the next plan is being outlined, marking a turning point in the country's long-term strategy for national rejuvenation. Global observers believe that these five-year plans are consistent with the Chinese mentality and Chinese long-term thinking.

From transforming an agrarian society into the world's second-largest economy to charting a path to becoming a fully modern socialist country by mid-century, these plans reflect the Communist Party of China's long-term strategic vision and enduring commitment to collective prosperity.

Through this five-year cycle of constant but constantly evolving roadmaps, China sets strategic goals, determines government priorities, advances the process of organizing the work of enterprises, and mobilizes national resources, all aimed at achieving its comprehensive goal of building a modern socialist nation.

Histore of country

Historically, the country’s First Plan in 1953 was the first step towards industrialization with the establishment of the country’s first large-scale steel and automobile plants. Moving forward at a rapid pace, the 13th Plan (2016-2020) completed the world’s largest high-speed rail network.

Experts say that five-year plans are to China’s development what blueprints are to building a house. They tell the government and society what “destination” to focus on and what “path” to build in the next five years, helping to strengthen collective efforts.

Although China’s five-year plans include quantitative targets, such as the GDP growth target, which was first introduced in the Seventh Five-Year Plan, this does not mean that the CPC is running a centrally planned economy; rather, these plans set the direction and priorities.

Since 2006, the targets have been divided into two types. First, binding targets, which reflect government ambitions, such as reducing energy consumption per unit of GDP, etc.; and second, expectation-based targets, which represent desired outcomes, such as GDP growth, which are mainly achieved through market mechanisms.

In a departure from tradition, the 14th Five-Year Plan did not set any quantitative targets for GDP growth; Instead, it defined expected growth in a broader sense, partly to emphasize quality over speed.

China’s five-year plans set clear targets but also provide all regions with the flexibility they need to chart their own course. These national plans are broad frameworks that guide local governments in formulating their own action plans.

China’s five-year plans are developed over several years, and are informed by research, expert assessments, coordination among institutions, and public consultation. For example, work on the current 14th Five-Year Plan began in 2018. Similarly, during the drafting of the five-year plan, the CPC attaches great importance to public suggestions, which reflect the needs of society and help build consensus. In 2020, it launched the first online public suggestions collection, with suggestions such as mutual aid care for the elderly being included in

China’s five-year plans are developed over several years, and are informed by research, expert assessments, inter-institutional coordination, and public consultation. For example, work on the current 14th Five-Year Plan began in 2018. Similarly, during the drafting of the five-year plan, the CPC attaches great importance to public suggestions, which reflect the needs of society and help foster consensus. In 2020, the first online public suggestions were collected, with suggestions such as mutual aid care for the elderly being included in the final plan.

Currently, the CPC is preparing proposals for the country's 15th Five-Year Plan (2026-2030). According to experts, the plan will emphasize a forward-looking approach to global challenges, the development of new quality productive forces, and further strengthening social protection measures to improve public welfare. In a broader context, if one were to briefly summarize the achievements of China's five-year plan, it could be said that "success comes when leaders and the people have the same goal."