Economic planning in the People's Republic of China
Review articleOpen access

AbstractThe paper discusses the economic problems confronting the Chinese communists after taking power in 1949, in particular the relationship between industry and agriculture. Also discussed are the ‘Ten Great Relationships’, enunciated by Mao in 1956, which have provided the guidelines for China's subsequent economic development. Following a comparison of Chinese and Soviet theories of development planning, the paper discusses the principles of Chinese planning policies—centralization and mass participation—and the procedures followed in producing annual plans, with a description of the main policy directives followed in decision-making.

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