China's five-year plan: Government is aiming to increase country's grain production by 50 million tonnes between 2011-16

摘要

China's 12th Five-Year Plan, which runs from 2011-2016, is an ambitious move to refocus the economy of the world's most populated country on creating a better life and greater economic well-being for its consumers against a background of a strugglingworld economy."I suspect history will judge the 12th Five-Year Plan as a watershed event in the development of modern China," Stephen S. Roach of Morgan Stanley Asia wrote in an analysis entitled "China's 12th Five-Year Plan: Strategy vs. Tactics.""If so. this will be the third time that a plan has triggered a significant shift in the nation's economic strategy," he said. "The Fifth Five-Year Plan of the late 1970s ushered in the "reforms and opening up" of Deng Xiaoping. The Ninth Five-Year Planof the mid-1990s set the stage for an historic ownership transition — leading to an era of state-owned enterprise reforms and the corporatization of China's increasingly marketized economy.