What is China's "Five-Year Plans"?
The Five-Year Plans (五年计划) are a series of social and economic development initiatives issued since 1953 in the People's Republic of China. (1/N)
Since 1949, the CPC has shaped the Chinese economy through the plenums of its Central Committee and national congresses. The party plays a leading role in economic development, setting growth targets, and launching reforms.(2/N)
Chinese leaders are selected to manage China, not the other countries. The Five-year plans of China are basically the employment contracts for each term of the Politburo.(3/N)
When Xi was initially selected, the top contract items for him to perform is anti-corruption, economic growth, and environmental policies. In his second (i.e., current) term, anti-poverty policies kicked into high gear. (4/N)
The next Chinese Politburo performance contract is being drafted right now, and we know the emerging new theme is reducing inequality. The main “international commitment” is to get to carbon neutral by 2060. That’s the big thing.(5/N)
In a sense, the Chinese government is the most predictable in the world. They publish their Five-Year-Plan like clockwork, and then do what they say they would do. (6/N)
The completion of China's previous five-year plans.👇
http://www.12371.cn/2020/10/27/ARTI1603768111807705.shtml
The Plan takes two and half years to complete. Basically, in Year 3 of the previous plan, the central government meets with the provincial governments, and says, how are we doing with the current Plan, and what problems do you see surfacing.(7/N)
In Year 4 a draft is submitted to the People’s Congress for approval. In Year 5 all provinces refine their portions, and the central government aggregates into a master plan, which is then submitted to the next Congress. (8/N)
The complete Plan is usually 20 - 30 pages of text and 20 - 30 pages of spreadsheets. That’s it. Everybody can just read it, and it’s good for 5 years. (9/N)
This is the latest content of the 14th five year plan.👇
http://www.xinhuanet.com/2020-11/03/c_1126693293.htm
Other govts, especially those in Asia and along BRI countries, take the new 14th Five-Year-Plan when it publishes, and go through these 50- 60 pages of documents and figure out where they can be the supplier to which industry, and how to make money and trade accordingly. (10/N)
The US President may be elected based on what they promise to do to some foreign countries.
Not the Chinese.
The Chinese view foreign countries as simply part of the earth environment we live in.
Carry out our plan, life is better and better. That's enough.
(END)
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