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The plenums follow a customary pattern of themes; since the 14th Party Congress (1992–1997), the fifth plenum has evaluated the current five-year plan and outlined the next five-year plan. [ 1 ] Planning is a key characteristic of the nominally socialist economies , and one plan established for the entire country normally contains detailed ...
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 ...
China's state-owned enterprises were generally within the authority of the central government industrial ministries during the First Five-Year Plan period. [5]: 238 Agriculture, fishing, and forestry would be collectivized. [1]: 209 Regarding commercial and services industries, the approach in the first Five-Year Plan was for the government to ...
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.
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The first Five-Year Plan made tremendous progress. However, China in 1956 faced a severe rural-urban exodus, a lack of foreign investment and of a technological revolution. [ 1 ] By the second half of 1955 and the first half of 1956, Mao Zedong had begun to encourage more radical policies, demanding that people build socialism "more, faster ...
The specific editing work was led by Chen Boda, assisted by Hu Qiaomu and Tian Jiaying, and all compiled manuscripts were revised and authorized for publication by Mao himself. [5] The five officially published volumes of the Selected Works include most of the important works by Mao Zedong between the years 1926 to 1949.
The reorganisation was planned and implemented as part of the First Five-year Plan (1953–1957), [22] with the suggestions from Soviet advisors, including Fomin and Arsenyev. [23] To implement the reorganisation, the Ministry of Higher Education was formed and headed by Ma Xulun in the fall of 1952, upon Fomin's advice.