The 14th Five-Year Plan Of China

Outline of the 14th Five-Year Plan

(2021-2025) for National Economic and Social Development and Vision 2035 of the People's Republic of China

If you can't measure it, you can't manage it.

Main objectives for economic and social development during the 14th Five-Year Plan period :

Economic development
Innovation-driven
People's livelihood and welfare
Ecological conservation
Security and Safety

China has moved to a stage of development with a focus on quality improvement

Effectively change the development model, work hard for better quality, higher efficiency, and more robust drivers of economic growth

5 Key Indicators

Nursery capacity for children under 3 years per 1.000 people (ROC 150% / population)
Number of high-value patents per 10,000 people (ROC 90% / Technology)
Value-added from core industries in digital economy as a proportion of GDP % (ROC 28%/ Technology)
Reduction 18% of CO2 emission per unit of GDP (ecological)
Reduction 13.5% of energy consumption per unit of GDP (ecological)

3 Basic Variates

Population
Ecological
Technology

5 Major Directions

Innovation and Technology,
Digital China
Focus on elderly care and child care.
Integrated development of urban clusters
New energy

The 5 major directions accelerate the expansion of domestic demand and industrial upgrading in two major areas: supply and demand, which anchor efforts to achieve carbon neutrality by 2060

The Supply:

Technology Innovation

Diversify the higher education system with an aim of seeing the gross enrollment ratio rise to 60%

research

overcome dependence

higher value-added

7 Tackling key problems in frontier science and technology

New generation of artificial intelligence
Quantum information
Integrated circuits
Brain science and brain-like intelligence technology
Genes and biotechnology
Clinical medicine and health
Deep space, deep earth, deep sea, and polar explorations

Emerging Industries of Strategic Importance, the contribution of such industries to GDP will exceed 17%

China will focus on the new generation of information technology, biotechnology, new energy, new materials, high-end equipment, new energy vehicles, environmental protection, aerospace, marine equipment, and other emerging industries of strategic importance

Upgrading industries

Upgrading the manufacturing industry

Strengthening basic industrial capacities

Promptly resolve bottlenecks and weaknesses in basic spare parts and components, basic software, basic materials, basic processes, and fundamental industrial technology

8 core upgrade areas:

High-end new materials
Major technical equipment
Intelligent manufacturing and robotics
Aero engines and gas turbines
Beidou industrial applications
New energy vehicles and intelligent (connected) vehicles,
High-end medical equipment and innovative drugs,
Agricultural machinery equipment

Digital China

Digital Economy

Digital Society

Digital Government

Greater integration of digital technology and the real economy will power the transformation and upgrading of traditional industries, and the development of new industries, new forms of business, and new models, which can be new drivers of economic growth.

7 Major Digital Industries

Artificial intelligence
Big data
Blockchain
Cloud computing,
Internet of Things (IoT)
Industrial Internet
Virtual reality (VR) and Augmented reality (AR)

10 Digital Application Scenarios

Smart transportation
Smart energy
Smart manufacturing
Smart agriculture and water conservancy
Smart education
Smart healthcare
Smart cultural tourism
Smart community
Smart home
Smart government

The Demand:

Boost domestic demand, promote ecological, healthy and safe development of consumption

Foster new types of consumption patterns

Information consumption
Digital consumption
Green consumption
Customization consumption
Experience consumption
Fashion consumption

Protection and development of China Time-Honored Brands

Enhance the influence and competitiveness of the brands

Prioritize in the 4 major areas:

Cosmetics,
Clothing,
Home textiles,
Electronic products, and other consumer goods.

The Population:

Aging Society

Children: childcare issues and child safety issues

Starting from the transformation of urban public resources to ease the burden of parenting

Elderly: the elderly care system developed by home, community, and institution

Focus on community-based, at-home elderly care services

Supported by elderly-friendly public facilities,
Building a service network for the elderly

About the Urban:

Reform of the household registration system: reduce the restrictions on household registration, reduce the points-based household registration policy by streamlining the points categories

Urban clusters and metropolitan areas:

higher efficiency and lower cost, industrial division of labor and cooperation,infrastructure can be shared, meeting the two cores of efficiency and harmony.

Three steps

Step #1. Give it more for what is already there (strengthen the five major urban agglomerations of Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta, Chengdu-Chongqing, and the middle reaches of the Yangtze River)

Step #2. Make it stronger if it is not strong enough (Shandong Peninsula, the coastal areas of Guangdong, Fujian, Zhejiang, Central Plains, Guanzhong Plain, Beibu Gulf, etc.)

Step #3. Let it grow up if it is still small (Harbin Changchun, Central South Liaoning, Central Shanxi, Central Guizhou, Central Yunnan, Hubao Eyu, Lanzhou-Xining, the northern slope of Tianshan Mountain, Ningxia along the Yellow River and other urban clusters)

How to solve high housing prices?

Insist on " housing is for living rather than for speculation"

Four directions:

Government responsibility
Financial regulation
Fax regulation
Develop the housing rental market

Rural revitalization

Urban efficiency and green consumption promote the relief of food production pressure, ensure the total area of China’s farmland stay above the red line of 1.8 billion hectares

The construction of the new rural ecology has continuously integrated the primary, secondary and tertiary industries, and rural tourism, homestay economy, and leisure agriculture will be greatly encouraged

China's new energy revolution is spawning a rare super track with 40 years of growth

About Green

New Energy
Wind power
Photovoltaic power generation
Distributed energy
Offshore wind power
Southwest hydropower
Coastal nuclear power

The eight clean energy bases will deliver new energy to the eastern region through the UHV grid in the new infrastructure, and then cooperate with the nuclear power and offshore wind power networks along the eastern coast to build a huge new energy network.