Review of the 15th Plan and Outlook for the 11th Five-Year Plan

Author: Institute of Economics, Chinese Academy of Social Sciences
Publisher:
Publish Date: 2006-01-01
Features: To strengthen the exchange between theoretical and practical workers in China's economics community, promote the prosperity and development of economics, better leverage the role of theoretical workers as the think tank and advisory body for the Party and government, and enhance their service to society, the "First China Economic Forum" was launched by the Chinese Academy of Social Sciences on October 22, 2005, at the Great Hall of the People. The theme of this forum was "Review of the 'Tenth Five-Year Plan' and Outlook for the 'Eleventh Five-Year Plan'." High-quality papers submitted from various aspects were key to the success of the forum. On the occasion of the publication of this sequel to the papers, I would like to share some views on the current economic situation and related issues of the "Eleventh Five-Year Plan." When implementing a "moderately tight and moderately loose" neutral policy, it does not exclude making slight adjustments—either slightly tighter or slightly looser—based on specific changes in the economic situation or to address emerging localized issues. However, such micro-adjustments should not be frequent, and macroeconomic policies must maintain dynamic consistency. Now, it is particularly important to focus on the following two aspects when implementing a neutral macroeconomic control policy:
First, focus on improving the quality of economic growth.
Second, focus on advancing reforms.
Facing these challenges, during the "Eleventh Five-Year Plan" period, we should prioritize the following key tasks:
First, promote the transformation of the economic growth model.
Second, address China's "three rural issues."
Third, adhere to the implementation of a coordinated regional development strategy, forming a development pattern where the eastern, central, and western regions complement and interact in a virtuous cycle.
Fourth, enhance independent innovation capabilities in science and technology.
Fifth, pay attention to strengthening the construction of a harmonious society.