12th Five-Year Plan

Chinese economic development plan (2011–2015)China 12th Five-Year Plan 中華人民共和國國徽.svg 12th Five-Year Plan for Economic and Social Development of the People's Republic of China 2015 2011 7.89% CN¥47.310 trillion CN¥67.670 trillion zh:中华人民共和国国民经济和社会发展第十二个五年规划纲要 11th 13th 12th Five-Year Plan 十二五规划 十二五規劃 Shí'èrwǔ Guīhuà 中华人民共和国国民经济和社会发展第十二个五年规划纲要 中華人民共和國國民經濟社會發展第十二個五年規劃綱要 Zhōnghuá Rénmín Gònghéguó Guómín Jīngjì hé Shèhuì Fāzhǎn dì Shí'èr gè Wǔ Nián Guīhuà Gāngyào no st 12th Five-Year Plan for Economic and Social Development of the People's Republic of ChinaThe 12th Five-Year Plan of China, officially the 12th Five-Year Plan for Economic and Social Development of the People's Republic of China, was a set of economic goals designed to strengthen the Chinese economy between 2011 and 2015. It was drafted during the fifth plenum of the 17th Central Committee of the Chinese Communist Party (CCP) held in October 2010. Drafting The Twelfth Five-Year Guideline was debated in mid-October 2010 at the fifth plenum of the 17th Central Committee, the same session in which Xi Jinping was selected as Vice Chairman of the Central Military Commission. A full proposal for the plan was released following the plenum and approved by the National People's Congress (NPC) on 14 March 2011.27 October 2010 CPC sets targets for 12th Five-Year Program Xinhua http://www.china.org.cn/china/2010-10/27/content_21214648.htm 22 December 2010 Goals The goals of the plan included addressing rising inequality and creating an environment for more sustainable growth by prioritizing more equitable wealth distribution, increased domestic consumption, and improved social infrastructure and social safety nets. Improvements in the social safety net were intended to reduce precautionary saving.Roach Stephen S. Accidental Conflict: America, China, and the Clash of False Narratives 2022 Yale University Press 978-0-300-26901-7 New Haven 1347023475 Stephen S. Roach197 The plan sought to expand the services industry in order to increase employment and continue urbanization to help raise real wages.186–197 The plan is representative of China's efforts to rebalance its economy, shifting emphasis from investment towards consumption196–197 and development from urban and coastal areas toward rural and inland areas – initially by developing small cities and greenfield districts to absorb coastal migration. Economic rebalancing was the plan's core objective.Liu Lizhi From Click to Boom: The Political Economy of E-Commerce in China Princeton University Press 2024 978069125410412 The plan also continues to advocate objectives set out in the Eleventh Five-Year Plan to enhance environmental protection, accelerate the process of opening and reform, and emphasize Hong Kong's role as a center of international finance.27 October 2010 China's 12th Five-Year Plan signifies a new phase in growth Xinhua http://www.chinadaily.com.cn/bizchina/2010-10/27/content_11463985.htm 22 December 201028 October 2010 China unveils 12th Five-Year Plan CNTV Zhang Jingya http://english.cntv.cn/program/china24/20101028/100670.shtml dead 22 December 2010 https://web.archive.org/web/20101101103414/http://english.cntv.cn/program/china24/20101028/100670.shtml 1 November 2010 Early in the Twelfth Five-Year Plan period, Chinese policymakers concluded that the China had achieved energy intensity targets set by the Eleventh Five-Year Plan.Lewis Joanna I. Greening East Asia: The Rise of the Eco-Developmental State 2020 University of Washington Press 978-0-295-74791-0 Esarey Ashley Seattle China's Low-Carbon Energy Strategy j.ctv19rs1b2 Haddad Mary Alice Lewis Joanna I. Harrell Stevan54 China had also emerged as a world leader in renewable energy technology.54 The Twelfth Five-Year Plan targeted the use of non-fossil fuel energy sources to 11.4% of energy use over 2011–2015.Lewis Joanna I. Cooperating for the Climate: Learning from International Partnerships in China's Clean Energy Sector 2023 The MIT Press 978-0-262-54482-5 Cambridge, Massachusetts28 The Plan also provided for the development of an ultra-high-voltage (UHV) transmission corridor to increase the integration of renewable energy from the point of generation to its point of consumption.39–41 Additionally, the Plan called for gradual implementation of a national carbon trading market in China.55 To facilitate carbon trading and to more broadly help assess emissions targets and meet the transparency requirements of the Paris Agreement, the Plan improved the system for greenhouse gas emissions monitoring.55 This was the first time that carbon emissions trading had featured in one of China's Five-Year Plans.Ding Iza Greening East Asia: The Rise of the Eco-Developmental State 2020 University of Washington Press 978-0-295-74791-0 Esarey Ashley Seattle Pollution Emissions Trading in China j.ctv19rs1b2 Haddad Mary Alice Lewis Joanna I. Harrell Stevan80 The plan's sustainable development section also encouraged the development of eco-cities.Lin Zhongjie Constructing Utopias: China's New Town Movement in the 21st Century 2025 Oxford University Press 978-0-19-779330-5 New York, NY201 Results By 2015, China had achieved the energy intensity targets set by the Twelfth Five-Year Plan for hydro power, wind power, solar power, carbon intensity, energy intensity, and non-fossil share of primary energy.56 See also Archives of Yuhuan References 11th Plan2006 – 2010 12th Five-Year Plan 2011 – 2015 13th Plan2016 – 2020 Category:2011 in China Category:2012 in China Category:2013 in China Category:2014 in China Category:2015 in Chinese politics Category:2010s in China Category:2010s in economic history 12