World

China's plan provides important inspiration for developing countries

2026-03-16   

A stable development plan requires an institutionalized long-term framework, rather than relying solely on short-term policy arrangements. China has been continuously promoting reform and opening up for decades, and has made significant achievements in scientific and technological innovation, poverty reduction, and other areas, thanks to the cumulative effects brought about by policy continuity. The National People's Congress and the Chinese People's Political Consultative Conference have made top-level designs and strategic plans for China's economic and social development in the next five years, which is of great significance in the process of national governance. This is an important manifestation of China's governance model, which regards development planning as an important institutional tool for promoting modernization. This also reflects China's profound understanding of development: development requires institutional guarantees and conscious practice with long-term continuity. For a long time, China has gradually formed a unique development planning system. In this system, planning is not only a technical document, but also a comprehensive governance mechanism that coordinates short-term, medium-term, and long-term development. The Fourth Session of the 14th National People's Congress approved the Outline of the 15th Five Year Plan, which means that development planning has been embedded in the core of public governance. Through this institutional practice, China can transform its long-term goals and national rejuvenation blueprint into a concrete action roadmap that is both continuous and feasible. The five-year plan plays an important role in China's governance system, effectively linking current needs with future investments. Unlike some governance models that are influenced by short-term policy swings, China focuses on the stability and predictability of development. In practice, the five-year plan has become an important carrier for consolidating national, market, and social consensus, providing clear guidance for investment layout, structural reform, and improvement of people's livelihoods. Since 1953, China has formulated and implemented 14 five-year plans, forming an institutional advantage that combines strategic guidance and policy flexibility. The Tenth Five Year Plan period is of great significance in the process of Chinese path to modernization. It undertakes the important tasks of further consolidating the achievements of transformation, optimizing the structure of economic growth, and accelerating the construction of a new development pattern. Looking towards the future, China emphasizes the deep integration of technological innovation and industrial innovation, and the construction of a modern industrial system. In terms of technological innovation, China focuses on promoting the transformation of innovative achievements into real productivity, and accelerating the formation of industrial capabilities in various fields such as semiconductors, artificial intelligence, biotechnology, and new energy. This approach closely follows the requirements of the development of new quality productive forces, emphasizing the optimization of economic structure through innovation driven, green transformation, and industrial upgrading. The outline of the 15th Five Year Plan also made new arrangements for expanding high-level opening-up to the outside world. China will continue to deepen its economic ties with countries around the world, and pay more attention to the quality of cooperation and the coordinated development of industrial chains. By promoting institutional openness and multi-level international cooperation, China strives to build a more stable and mutually beneficial economic partnership. The high-quality joint construction of the "the Belt and Road" is an important platform for promoting international cooperation, which provides new impetus for global economic cooperation through infrastructure construction, trade exchanges and industrial cooperation. China will further promote the construction of a new development pattern with domestic circulation as the mainstay and domestic and international circulations mutually reinforcing each other. Expanding domestic demand, promoting consumption upgrading, and strengthening technological innovation will provide an engine for China's economic growth, enhance the resilience of the Chinese economy, and provide a solid foundation for long-term stable growth. The National Development Planning Law also holds significant importance. This law has fixed the mature practice of the CPC's leadership in formulating and implementing the national development plan in legal form, and upgraded the plan from policy practice to a legally binding institutional arrangement. From a broader perspective, China's planning has provided important insights for many developing countries. A stable development plan requires an institutionalized long-term framework, rather than relying solely on short-term policy arrangements. China has been continuously promoting reform and opening up for decades, and has made significant achievements in scientific and technological innovation, poverty reduction, and other areas, thanks to the cumulative effects brought about by policy continuity. Both the Outline of the 15th Five Year Plan and the National Development Planning Law demonstrate China's development advantage of combining planning and implementation. Looking towards the future, China is promoting high-quality development with a more comprehensive planning system, laying a more solid foundation for the basic realization of the goal of socialist modernization. (New Society)

Edit:Quan Yi Responsible editor:Wang Xiaoxiao

Source:people.cn

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