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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 ...
Download as PDF; Printable version; ... Pages in category "Five-year plans of China" The following 15 pages are in this category, out of 15 total. ... Second five ...
Download as PDF; Printable version; In other projects Wikidata item; Appearance. move to sidebar hide ... (China) Second Five-Year Plan (India) Second Five-Year Plan ...
The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2016 has been the world's largest economy when measured by purchasing power parity (PPP).
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 ...
[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).