China's new development opens up new opportunities for the world


Common prosperity: In a world mired by instability and uncertainty worsened by a pandemic, China rises as a reliable force in maintaining and recovering the world economy. — AP

THOSE who have been following China's development should be familiar with the country's Five-Year Plan (FYP), which is part of China's top-level policy design to guide its overall economic and social development, securing China's steady and immense progress in its course of development since its initiation in 1953.

By far, China has formulated and implemented thirteen Five-Year Plans, a good witness of China's progressive development into a modernizing country.

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