Five-year plans of China

China's Five-Year Plans (simplified Chinese: 中国五年计划; traditional Chinese: 中國五年計劃; pinyin: Zhōngguó Wǔnián Jìhuà) are a series of social and economic development initiatives. The economy was shaped by the Communist Party of China through the plenary sessions of the Central Committee and national congresses. The party plays a leading role in establishing the foundations and principles of Chinese socialism, mapping strategies for economic development, setting growth targets, and launching reforms.

Planning is a key characteristic of socialist economies, and one plan established for the entire country normally contains detailed economic development guidelines for all its regions. In order to more accurately reflect China's transition from a Soviet-style planned economy to a socialist market economy (socialism with Chinese characteristics), the name of the 11th five-year program was changed to "guideline" (simplified Chinese: 规划; traditional Chinese: 規劃; pinyin: guīhuà) instead of "plan" (simplified Chinese: 计划; traditional Chinese: 計劃; pinyin: jìhuà).

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