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The 2nd Five-Year Plan was the second five-year plan adopted by the People's Republic of China. It was planned to last from 1958 to 1962, and was more modest than the first Five-Year Plan, but was de facto abandoned since the beginning of the Great Leap Forward.
No five-year plan ultimately covered the period 1963–1965. [11]: 201 As initially conceived, the Third Five Year Plan emphasized further development in China's already more developed coastal areas and a greater focus on consumer goods. [7]: 7 It called for enhancing "eating, clothing, and daily use" items (chi, chuan, yong).
In 1953, when China entered the first five-year plan period, the Chinese economy had improved and the Ministry of Finance still decided to include the fiscal surplus of the previous fiscal year as credit funds in the 1953 budget revenue to cover the current year's expenditures. As a result, budget expenditures were expanded and so was the size ...
Second Five-Year Plan may refer to: Second five-year plan of Argentina; Second Five-Year Plan (Bhutan) Second Five-Year Plan (China) Second Five-Year Plan (India) Second Five-Year Plan (Nepal) Second Five-Year Plans (Pakistan) Second Five-Year Plan (Romania) Second Five-Year Plan (South Korea) Second Five-Year Plan (Soviet Union)
[38]: 12 It was later incorporated into China's Twelfth Five-Year Plan (2011-2015) as the Plan's major objective. [38]: 12 On January 14, 2009, as confirmed by the World Bank [45] the NBS published the revised figures for 2007 financial year in which growth happened at 13 percent instead of 11.9 percent (provisional figures).
China's massive stimulus package may not have any direct effect until 2025, and Tianlei Huang, a researcher for the Peterson Institute for International Economics, says Beijing needs to do way ...
After listening to the first round of reports, from April 12 to 17 Mao visited an exhibition of mechanics to see the latest development in the industry. Then from April 18 onwards, Li Fuchun reported to Mao on the Second Five-year Plan. The entire process was Mao's longest and most comprehensive investigation on economic affairs after 1949.
WASHINGTON (Reuters) -A classified nuclear strategic plan approved by President Joe Biden this year is not a response to a single country or threat, the White House said on Tuesday, after the New ...