Home>News Center>China

Leadership to adjust growth model
Updated: 2005-10-10 09:56

China's top Communist Party officials at a plenary meeting in Beijing are expected to adopt the "11th five-year plan" for economic and social development from 2006-2010, which will center on more even wealth distribution among its citizens.

The ruling Communist Party of China (CPC) is expected to enshrine the "scientific concept of development" in the 11th Five-Year Plan, a new roadmap for China's development from 2006-10, according to observers.
An armed police officer stands guard before the Great Hall of the People in downtown Beijing October 7, 2005. [newsphoto]
The concept of "scientific development," first put forward by President Hu Jintao, will be enshrined into the plan. Beijing is also calling for the building of a society that will improve the lives of millions of farmers and poor urban dwellers currently left out of the country's economic boom, and therefore eradicating the roots of social unrest, observers said.

Despite the Party awoken to the inequity concern, it is unclear what can be done to help the poor. Some economists have said China is witnessing a stage of economic development in which many people are going to be left behind, raising the danger of unrest.

An editorial in the The People¡¯s Daily Saturday noted that life had improved for all classes of Chinese society, including farmers, as a result of the changes. But problems have cropped up in the past two years, it said, adding that China must make "macroeconomic adjustments" in the next stage so the machine runs more smoothly.

The new Five-Year growth roadmap, is expected to put greater emphasis on sustainable but relatively fast, non-wasteful and environmentally-friendly growth.

President Hu Jintao, who is general secretary of the ruling Party, has chaired the crucial meeting.

The scientific development concept will become the guiding theory for building a "harmonious society," said Yan Shuhan, a professor with the Central Party School.

They are discussing the country's five-year development plan, with the view of seeking "sustainable, healthy, co-ordinated and rapid development," Yan said.

The focus of the proposed five-year plan indicates the Party and the Government have awoken to the problems with the model of growth China has been following for the past 27 years since economic reforms were launched in 1978. China has relied largely on manufacturing low value added products for other countries, using its land, natural resources and labor, the Xinhua news agency said.
Page: 12

Celebrating Chongyang Festival
Astronauts for Shenzhou VI to be selected
8th World Chinese Entrepreneurs Convention
  Today's Top News     Top China News

'A whole generation has been wiped out' - Pakistan



Leadership to adjust growth model



Growing problem for China: aging population



Observation centre ready for space mission



Many ministries misused funds, report says



Official: Shenzhou VI not to carry plant seeds


  Shenzhou VI may begin space trip October 12
  Leaders to be audited before leaving posts
  Drought haunts 2m people in South China
  US takes patient tack on yuan policies
  China uplifting the whole Asian economy
  Hu Jintao vows to promote co-op with DPRK
  Go to Another Section  
  Story Tools  
  Related Stories  
Nation draws up five-year road map
Beijing's 5-year plan focuses on harmony
  News Talk  
  It is time to prepare for Beijing - 2008