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.

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Five-Year Plan British  

noun

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

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Etymology

Origin of Five-Year Plan

1925–30; originally probably as translation of Russian pyatilétka

Example Sentences

“The global trade landscape for critical minerals will be defined by two significant events: China’s 15th Five-Year Plan in the first half of the year and the U.S. mid-term elections in the second half,” the research firm says.

From The Wall Street Journal

This year, he said, party inspectors must help enforce the top leadership’s decisions more resolutely, and ensure Beijing achieves its goals in the new five-year plan.

From The Wall Street Journal

Sure, you need some ingenuity and some luck, and that five-year plan you’ve sketched out is adorable, but what you really need is an organization that runs more capably than an eighth grade carwash.

From The Wall Street Journal

This year marks the start of China’s new five-year plan and could witness the rollout of major projects and policy measures, BNP Paribas analysts said in a recent note.

From The Wall Street Journal

Of course, a five-year plan is only as good as the results in year five.

From BBC

Related Words

• blueprint
• scheme