Five-year plan focuses on broader prosperity
Updated: 2006-03-06 18:46
China is aiming for slower growth, more widely spread prosperity and a
cleaner environment following years of frenzied industrialization, a senior
economic planner said Monday.
Chinese Premier Wen Jiabao delivers a speech
during the opening of the National People's Congress at the Great Hall of
the People in Beijing March 5, 2006. The Premier promised a economic
growth rate of 8% for 2006, and a massive US$420b spending to improve the
rural sector. [Xinhua]
After years of 9 percent-plus annual growth, China has set a target of 7.5
percent growth per year through 2011, boosting "national strength" and not just
total output, said Ma Kai, minister in charge of the Cabinet's main planning
The government's latest five-year economic blueprint, announced in connection
with the annual session this week of its figurehead legislature, is part of a
strategy aimed at closing the gap between the affluent urban elite who have
profited from two decades of reform and China's poor majority.
But it also reflects growing alarm over the high costs of China's boom:
fouled waterways, villages heaped in litter, cities shrouded in smog.
"We do not want to pay too big a price tomorrow for growth today," Ma said.
"If that is the case, it is not real development."
This year's differs from those of the past, Ma said.
For the first time in decades, the leadership distributed a draft to local
governments and other groups and asked for recommendations, some of which were
adopted, Ma said.
"The outline reflects the general will of the public," he said.
While economic targets are general goals, targets for improvements in the
environment will have to be met, he said.
China's focus for the next five years will be on upgrading industries and
improving their competitiveness, not expanding them, Ma said.
"We have highlighted the human approach and are considering the vital needs
of the people," he said.
The ultimate aim is to improve the lives of China's 1.3 billion people, said
Zhang Zhixin, a vice minister at the commission.
"The gap is not just measured in economic indicators, but what is more
important, in terms of public services and living standards," Zhang