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Five-year plans of China
Series of development initiatives by the CCP
Five-year plans of China
In the People's Republic of China, five-year plans (Chinese: 五年计划; pinyin: Wǔnián Jìhuà) are a series of social and economic development initiatives issued by the Chinese Communist Party (CCP) since 1953. Since 1949, the CCP has shaped the Chinese economy through the plenums of its Central Committee and national party congresses. 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. Planning is a key characteristic of the nominally socialist economies, and one plan established for the entire country normally contains detailed economic development guidelines for all its regions. In order to more accurately reflect China's transition from a Soviet-style command economy to a socialist market economy (socialism with Chinese characteristics), the plans since the 11th Five-Year Plan for 2006 to 2010 have been referred to in Chinese as "guidelines" (Chinese: 规划...
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