Five-Year Plan

American  

[fahyv-yeer] / ˈfaɪvˌyɪər /

noun

(sometimes lowercase)

1. any plan for national economic or industrial development specifying goals to be reached within a period of five years, especially as undertaken by the Soviet Union and China.

---

Five-Year Plan British  

noun

1. (formerly in socialist economies) a government plan for economic development over a period of five years

---

Etymology

Origin of Five-Year Plan

1925–30; originally probably as translation of Russian pyatilétka

Example Sentences

Beijing is aware of the problems, though officials say self-reliance will remain crucial over China’s next five-year plan.

From The Wall Street Journal

Lau and co also added that the latest five-year plan from the Chinese government “may have redefined investors’…plan for Chinese equities,” after technology was set among top priorities for the years to 2030.

From Barron's

Beijing has also made technological self-sufficiency a top priority for its next five-year plan, and investor enthusiasm for all things AI remains high in China.

From The Wall Street Journal

Chinese AI chip startups have accelerated their efforts to go public and tap capital markets for funding as Beijing has made tech self-sufficiency, including making AI chips domestically, a priority for its next five-year plan.

From The Wall Street Journal

“Policymakers have this year pivoted back to a relatively cool stance towards the sector, even downgrading property from a growth driver to a livelihood issue in their ‘recommendations’ for the next five-year plan,” Gavekal Dragonomics analyst Xiaoxi Zhang wrote in a recent note.

From The Wall Street Journal

Related Words

• blueprint
• scheme