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China unveils proposal for formulating nation’s five-year plan

Updated: Nov 3,2015 4:54 PM     Xinhua

The Communist Party of China (CPC) has issued the full text of a proposal for China’s development over the next five years.

The eight-chapter, 22,000-character-plus document, the CPC Central Committee’s Proposal on Formulating the Thirteenth Five-year Plan (2016-2020) on National Economic and Social Development, was adopted at the Fifth Plenary Session of the 18th CPC Central Committee which ended on Oct 29.

The next five-year period was described as decisive for building a moderately prosperous society by 2020 in the proposal.

China aims to double its 2010 GDP and the 2010 per capita income of both urban and rural residents by 2020.

The document analyzes the decisive stage and sets guidelines and targets for the next five years. It highlights innovation, coordination, green development, opening up and sharing.

Ensuring a “moderately prosperous society” by 2020 requires medium-to-high economic growth, higher living standards and a better quality environment, the proposal says.

China will continue to encourage mass entrepreneurship through major scientific and technological projects, and by building a number of national laboratories, in the hope that it will lead to new technology. The government plans better allocation of resources including labor, capital, land, technology and management.

There will be more official moves to upgrade the economy into a global manufacturing power, cultivate strategic industries and modernize the agricultural and service sectors. The government will intervene less in price formation, deregulating pricing products and services in competitive sectors.

The proposal calls for a system to control consumption of energy, water and construction land. It promises an “energy revolution” with clean, safe resources replacing fossil fuels, including wind, solar, biomass, water, geothermal and nuclear energy, as well as exploring deposits of natural, shale and coal bed gas. Energy-intense industries, such as power, steel, chemical and building materials will be subject to carbon emission control regulations.

The proposal vows to lift more people out of poverty, saying that alleviating poverty in rural areas is the most difficult aspect of building a well-off society.

The proposal promises a “healthy China” by reforming the health system, and promote the balanced development of its population through the two-child policy. The proposal calls for retaining family planning as a basic state policy, allowing all couples to have two children, while improving public services for reproductive health, maternal and child health, nurseries and kindergartens.

Families with difficulties who implement the family planning policy should be helped, the proposal says.

The document pledges to cement achievements made in the anti-corruption campaign and tightened supervision and checks over power, in addition to working out an effective mechanism to stem corruption.