The Five-Year Plan for National Economic and Social Development, or the
Five-Year Plan, mainly aims to arrange national key construction projects,
manage the distribution of productive forces and individual sector¡¯s
contributions to the national economy, map the direction of future development,
and set targets.
From 1949 to 1952, the economy was in its so-called recovery period. In 1953,
the central government implemented its first five-year plan. Except for a period
of economic adjustment between 1963 and 1965, a total of ten five-year plans
have been made and implemented to date.
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