Why China Can Grow According to Plan
One of the key questions about China’s 13th five-year plan, which covers the period from 2016 to 2020, is whether the country can achieve its target of doubling its GDP and average rural and urban household income from their 2010 levels. Despite major challenges, there is good reason to believe that it can.
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BEIJING – China’s recently finalized 13th five-year plan maps out its economic strategy and ambition for the 2016-2020 period. Among its objectives are a doubling of GDP and average rural and urban household incomes relative to their 2010 levels.