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Anshan Iron and Steel Structure Metal Processing Plant in 1952. 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.
Stalin announced the start of the first five-year plan for industrialization on October 1, 1928, and it lasted until December 31, 1932. Stalin described it as a new revolution from above. [12] When this plan began, the USSR was fifth in industrialization, and with the first five-year plan moved up to second, with only the United States in first ...
Churchill, Roosevelt, and Stalin at the Yalta Conference. At the end of World War II, Joseph Stalin identified two strategic objectives for the Soviet Union in the Far East after the war: the independence of Outer Mongolia from China and restoration of the sphere of influence of Tsarist Russia in Northeast China to ensure its geopolitical territorial security. [2]
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).
USSR Medal "For Labour Valour". The Stakhanovite movement was established and developed by the Soviet Communist Party; it was started in 1935 during the second Soviet five-year plan—as a new stage of sponsored socialist competition/socialist emulation, and as the continuation of the Party's rapid industrialization initiative and its forced collectivization of farming begun seven years prior ...
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 ...
Stalin had accepted that the USSR would carry much of the economic burden of the Korean War, but, when Khrushchev came to power, he created a repayment plan under which the PRC would reimburse the Soviet Union within an eight-year period. However, China was experiencing significant food shortages at this time, and, when grain shipments were ...
Industrial production as a result of the 5 Year Plans was also rapid. During the first 5 Year Plan for example, Cast Iron production reportedly saw a 188%, going from 3,300,000 tonnes to 6,240,000 tonnes a year. [40] In 1928, industrial output of electricity was 5,000,000,000 kW/h, rising to 13,000,000,000 kW/h by 1932, an increase of 270%.