The 14th Five-Year Plan of the People’s Republic of China—Fostering High-Quality Development

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Abstract

This policy notes outlines recommendations for the 14th Five-Year Plan (2021–2025) for National Economic and Social Development of the People’s Republic of China that highlights high-quality green development. The plan emphasizes innovation as the core of modern development, relying on the dual circulation strategy as the growth paradigm coupled with reforms to increase living standards. Building on the achievements of the 13th Plan, it aims to reduce the carbon intensity of the economy and peak carbon dioxide emissions before 2030. This policy note’s recommendations focus on innovation-driven growth, low-carbon development, integration of urban–rural areas with deeper social inclusion, and population aging as priorities.

Publisher

Asian Development Bank

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