five-year plan


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Five-Year Plan

A multiyear plan for economic development prepared by a government. For example, a five-year plan may state the methods and the amount of development that should be experienced by the industrial sector by the end of the plan. Five-year plans were introduced in the Soviet Union and were adopted by most other 20th-century communist states. For that reason, the term is associated with command economies.

five-year plan

see NATIONAL PLAN.
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The Planning Commission has requested the NEC meeting to prepare draft of the Five-Year Plan for the period of 2018-2023, according to officials of the Planning Commission.
The synopsis of 12th Five-Year Plan reveals the government is targeting a growth rate of 6.
Unsurprisingly, this represents a modest slowdown from the original 7 percent target of the previous Five-Year Plan.
It was also agreed, during the Cabinet meeting, to deepen discussion of the content of the economic budget and guarantee alignment to the objectives of the 2016/2020 five-year plan.
And while wind and solar power will continue to receive special treatment under China's "green" development efforts, the biggest beneficiaries under the latest five-year plan are likely those companies that are most sensitive to changes in domestic consumption like food, consumer goods and services, pharmaceuticals, and travel.
Instead of producing Soviet-style five-year plans which, like most five-year plans will never be fulfilled, why don't they concentrate on delivering a decent service now.
Government as India, Planning Commission, Fourth Five-Year Plan draft, Outline, New Delhi: 1969, p.
Gao Yong, Vice president and secretary-general of CNTAC and Sun Ruizhe, Vice president of CNTAC later made speech on the topics of "Economic situation analysis and prospective on textile industry in 2013-2014" and "Prospective on textile industry in the period of 12th Five-year Plan and 13th Five-year Plan(2015-2020)" respectively.
According to the firm, KraneShares CSI China Five-Year Plan ETF offers a unique strategy for gaining exposure to China.
We have to massively increase our skill provision capabilities, and the 12th five-year plan is trying to do it.
QIC's five-year plan was reviewed and approved by its board of directors at a meeting in Doha.
A strategic five-year plan might then be drafted but if managers know that, in practice, the priority is to achieve the budget, then the real plan is the budget.