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The fifth five-year plan, China's national economic development plan for the years 1976 to 1980. The draft plan was developed in 1975 in conjunction with the draft of the sixth five-year plan. It was significantly revised in 1977 before being formalized in December 1977. The primary goal of the plan was to establish an autonomous industrial ...
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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).
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 ...
Colin Huang’s net worth tanked $14.1 billion after disappointing earnings results. Temu’s billionaire founder lost his title as China’s richest person just 20 days after winning it Skip to ...
The 3rd Five-Year Plan of China was a set of economic goals designed to strengthen the Chinese economy between 1966 and 1970. It was the first five-year plan held after the Great Leap Forward , and the plan was implemented around the same time as the Cultural Revolution .
Democratic Rep. Colin Allred of Texas joined ABC News on GMA3 to discuss the Inflation Reduction Act, a sweeping climate, tax and health care package that the Senate passed over the weekend.
Goldman Sachs estimates that roughly $1 trillion will be spent in the next few years alone to develop the infrastructure needed to bring today's AI models closer to superintelligence.