1st Five-Year Plan (China)

China
1st Five-Year Plan
Start date1953
End date1957
Economic targets
Average GDP growth rate9.3%
Industrial and agricultural growth rate18%
GDP at startCN¥82.419 billion
GDP at endCN¥106.929 billion
2nd →
1st Five-Year Plan
Simplified Chinese第一个五年计划
Traditional Chinese第一個五年計劃
Transcriptions
Standard Mandarin
Hanyu PinyinDìyīgè Wǔnián Jìhuà

The 1st Five-Year Plan was the first five-year plan adopted by the People's Republic of China after its establishment in 1949. It lasted from 1953 until 1957. The plan focused on industrialization and the socialist transformation of the Chinese economy, with technical assistance from the Soviet Union.