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

"There are all kinds of plans still being published," he says, "including an artificial intelligence plan and a smart manufacturing plan. However, the mother of all plans is the 15th five-year plan."

From BBC

The innovations align with China’s next five-year plan that prioritizes technology self-reliance and advanced manufacturing.

From The Wall Street Journal

Exxon’s five-year plan, announced last December, calls for an increase in output of about 18%.

From MarketWatch

The U.K. energy group said the fully-funded five-year plan will increase its exposure to U.K. electricity networks, with around 80%, or 27 billion pounds, being invested in this area.

From The Wall Street Journal

In October, Xi laid out a five-year plan to achieve higher-level technology self-sufficiency, pledging extraordinary measures to pursue breakthroughs in key technologies such as semiconductors.

From The Wall Street Journal

Related Words

• blueprint
• scheme