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The socialist market economy (SME) is the economic system and model of economic development employed in the People's Republic of China. The system is a market economy with the predominance of public ownership and state-owned enterprises . [ 1 ]
The 15th five-year plan is a set of goals for the economic development of China. The plan covers the years from 2026 to 2030. A preliminary study for the plan by the National Development and Reform Commission took place on 17 and 18 December 2023. [1] It will be informed by the results of the fifth economic census.
The Beijing Consensus (Chinese: 北京共识) or China Model (Chinese: 中国模式), also known as the Chinese Economic Model, [1] is the political and economic policies of the People's Republic of China (PRC) [2] that began to be instituted by Hua Guofeng and Deng Xiaoping after Mao Zedong's death in 1976. The policies are thought to have ...
Last year, China also set an “around 5%” target, in what was then the country’s lowest numerical target announced in decades. Earlier this year, it said economic growth had reached 5.2% in 2023.
[16]: 200 In March 1986, the State Council submitted "The 7th Five Year Plan for National Economic and Social Development of the People's Republic of China, 1986–1990" to the Fourth Session of the Sixth National People's Congress for review and ratification. It was the first time in China's history that an all-round plan for social and ...
The Tenth five-year plan is a plan for China's national economic and social development for the 2001-2005 period. With economic development as its main goal, the plan establishes the strategic adjustment of the economic structure as its main line, while focusing on ecological construction, environmental protection, and sustainable economic and social development.
The 14th Five-Year Plan, officially the 14th Five-Year Plan for Economic and Social Development and Long-range Objectives Through the Year 2035 of the People's Republic of China, is a set of Chinese economic development goals designed to strengthen the national economy between 2021 and 2025.
The 11th Five-Year Plan of China, officially the 11th Five-Year Plan for Economic and Social Development of the People's Republic of China, was a set of economic goals designed to strengthen the Chinese economy between 2006 and 2010.