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Explainer: How do five-year plans drive China’s comprehensive development?

2025-03-05 22:21   Xinhua

  During the 10th Five-Year Plan (2001-2005), China rose to become the world's fourth-largest economy. By the subsequent 11th plan, China overtook Germany and Japan, securing the second spot globally. By the conclusion of the 13th plan in 2020, China's GDP had crossed the 100 trillion yuan (13.7 trillion U.S. dollars at the current rate) threshold. Since 2021, the starting year of the 14th plan, China's per capita GDP has remained above 12,000 dollars annually.

  Take poverty alleviation. It was included in the agenda as early as the seventh plan. Over the past decades, China has lifted 800 million people out of poverty, which accounts for more than 70 percent of global poverty reduction, meeting the goals of the UN 2030 Agenda for Sustainable Development ahead of schedule.

  Additionally, China has achieved 126 indicators ahead of schedule for the United Nations 2030 Agenda for Sustainable Development, according to a UN report.

  China's pattern of using such plans to promote development has emerged as an alternative model for effective governance for countries in the developing world.

  Recognizing that the strengths and successes of previous five-year plans can serve as a foundation for future ones, while weaknesses and shortcomings are meticulously analyzed and addressed, Melaku Mulualem, a senior international relations and diplomacy researcher at Ethiopia's Institute of Foreign Affairs, pointed out that conducting a comprehensive evaluation every five years is a practice worthy of emulating.

  Many developing countries, inspired by China's success, have followed China's lead by developing mid- to long-term strategies, with countries like Poland, Ethiopia and Tanzania having even invited Chinese institutions to assist in their planning consultations, Yin Jun, a researcher at Peking University, wrote in his book A Review from the 1st to 14th Five-Year Plan.

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