China is set to ratify its 14th five-year plan. What to expect from its latest economic road map

文章来源: CHINA INTELLECTUAL PROPERTY NEWS
发布时间: 2021/3/17 13:45:00

  This year's Two Sessions is especially significant, since the central government will ratify China's 14th five-year plan—the latest in a seven-decade string of macroeconomic guidelines that have steered China's economy as it has grown into the second largest in the world.The 14th five-year plan will continue to upgrade China's manufacturing capabilities and work toward building a "moderately prosperous" society by 2035. (China is set to ratify its 14th five-year plan. What to expect from its latest economic road map,by Fortune)


  Comment:


  As one of the crucial fruits of this year's two sessions, the Outline of the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035 draws the blueprint for China's development in the next five to 15 years by fostering a new development paradigm with domestic and international circulations reinforcing each other, which helps to fully build a modern socialist China.



(Editor Li Xingyi)


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