Dong Yu has been executive vice-president of the China Institute for Development Planning at Tsinghua University since 2019. Before joining academia, he held senior positions in several of China\u2019s major economic decision-making bodies, including the National Development and Reform Commission and the Office of the Central Financial and Economic Affairs Commission.<\/p>\n
He has been part of the teams that drafted several of the country\u2019s economic blueprint documents, including the 11th, 12th and 13th five-year plans. In this interview, he discusses what might be included in the next five-year plan \u2013 China\u2019s 15th \u2013 and how the country can continue down a path of sustainable progress.<\/p>\n
This interview first appeared in SCMP Plus<\/a>. For other interviews in the Open Questions series, click here<\/a>.Since 1953, China has drafted 14<\/strong> five-year plans<\/strong><\/a>, with each assessed at the midpoint of their terms and after they are implemented. Overall, what has changed about these long-term plans over time? Have they achieved their intended goals?<\/strong><\/p>\n The five-year plan is receiving growing attention today. Once seen as a symbol of the planned economy, it in fact laid the foundation for economic development even before the reform and opening-up period began in 1978.<\/p>\n When China was impoverished and weak, major projects were needed to build a base for the national economy, along with plans to help shape the emergence of various sectors from scratch.<\/p>\n Of course, a few early plans fell short of their targets due to the complex domestic conditions of the time. But since the launch of reform and opening-up, China has largely succeeded in meeting the goals set out in each plan.<\/p>\n","protected":false},"excerpt":{"rendered":"Dong Yu has been executive vice-president of the China Institute for Development Planning at Tsinghua University since 2019.…\n","protected":false},"author":3,"featured_media":245201,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[691,64,74,130419,22165,130421,2013,130417,79,31647,24440,130418,130420,21751,67,132,68],"class_list":{"0":"post-245200","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-ai","9":"tag-business","10":"tag-china","11":"tag-china-institute-for-development-planning","12":"tag-chinese","13":"tag-consumer-market","14":"tag-deepseek","15":"tag-dong-yu","16":"tag-economy","17":"tag-gdp","18":"tag-national-development-and-reform-commission","19":"tag-new-energy-vehicles","20":"tag-office-of-the-central-financial-and-economic-affairs-commission","21":"tag-tsinghua-university","22":"tag-united-states","23":"tag-unitedstates","24":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115245381255707699","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/245200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=245200"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/245200\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/245201"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=245200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=245200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=245200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}