China’s Five-year Plan explained

<p>Every five years, China&#39;s central government writes a new Five-Year Plan, a series of social and economic development initiatives, for the upcoming five years.</p><p>Before the reform and opening-up era, China&#39;s Five-Year Plans were focused on the economy. Since the Sixth Five-Year Plan, which took effect in 1981, the top-level blueprint has incorporated social development as a new dimension in the plan. China has made 13 Five-Year Plans so far. Now, it is in the process of making its 14th Five-Year Plan, which will cover 2021 to 2025.&nbsp;</p><p>This video will go over everything from the development of China&#39;s Five-Year Plans to how a Five-Year Plan is written and why a Five-Year Plan matters to every individual Chinese citizen, as well as the nation.</p><p><span style="color: rgb(127, 127, 127);">(Produced by Chen Lidan, Han Xiaomeng, Li Bowen and Yan Yiqiao)</span></p>