Analysis of implementation of China ' s 12th Five Year Plan and prospects of its next five years

Abstract

Purpose

This paper aims to explore achievements and issues in the implementation of China ' s 12th Five-Year Plan to provide input for the preparation of the coming 13th Five-Year Plan, and also to provide some messages for the understanding of the Party ' s documents of suggestions for the preparation of China ' s 13th Five-Year Plan.

Design/methodology/approach

Eight essential aspects related to economy, society and ecological environment of the implementation of the 12th Five-Year Plan are analyzed both for the achievements and issues. Comparative analyses are done through historical data and international comparison.

Findings

It is hoped that the achievements found in the implementation of the 12th Five-Year Plan will consolidate the confidence for establishing an all-round well-off society of China by the year 2020 and issues discovered will be overcome through appropriate measures.

Originality/value

This paper will contribute to the understanding of “Suggestions for the preparation of National Economic and Social Development 13th Five-Year Plan” by the Central Committee of the Communist Party of China on 29 October 2015, and also the coming 13th Five-Year Plan, which will be announced in March 2016.

Citation

Li, S., Wang, H. and He, J. (2016), "Analysis of implementation of China ' s 12th Five Year Plan and prospects of its next five years", Journal of Chinese Economic and Foreign Trade Studies, Vol. 9 No. 1, pp. 40-59. https://doi.org/10.1108/JCEFTS-12-2015-0030