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How five-year plans drive China's progress

chinadaily.com.cn | Updated: 2025-10-23 14:17
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Everyone has their own plans — travel plans, fitness goals, and more. But have you ever thought that China also has its own five-year plan?

This video will take you to a closer look at China's "five-year diary".

Romano Prodi, former prime minister of Italy and former president of the European Commission, said that China has, in a sense, taken a dominant position in the automotive industry.

Sam Daws, senior advisor to the Oxford Martin AI Governance Initiative at the University of Oxford, noted that China makes a significant global contribution through open-source, full-stack, and low-cost AI offerings, such as those developed by Deepseek. According to Daws, this approach provides a crucial opportunity for fostering more inclusive AI development worldwide.

China is leading the global green transition and has both the will and the means to do so, said John Ross, former director of London Economics and Business Policy Bureau in the UK.

Ross affirmed the effectiveness of China's economic planning system, arguing it "provides an integrated conception of the economy's direction, as opposed to the short-term monetary and budgetary policies characteristic of Western approaches."

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