China is mulling the 13th five-year plan, which will chart its reform and growth path, when the country is entering a "new normal" of slower growth and boosting re-balancing towards consumption and services.
It was midnight in mid-October, but Chen Min, who lives in a village near the Xichang Satellite Launch Center in Sichuan province, was still up and about. The vendor in her 20s was earning extra money by selling snacks to visitors who had arrived to watch a rocket launch.
Therefore, the interest rate liberalization stresses a market-oriented way of reform. It is also a tool of macroeconomic management.
China's research and development fund reached 1.34 trillion yuan ($211 billion) last year, with the private sector providing 76 percent of the total, according to Wan Gang, the science and technology minister.
The period since the start of the 12th Five-Year Plan has seen major developments in China's home-grown military hardware and technical expertise.
Social development and improving people's livelihoods form the major part of the next five-year development plan, according to a leading economist.
China's soybean imports rose 13 percent in the first nine months of the year, compared with the same period last year.
The country expects to increase grain imports during the 13th Five-Year Plan period rather than continue to boost farming capacity.
Maintaining the economic growth rate is widely believed to top a list of 10 major tasks in country’s new development blueprint.
Chinese Communist Party will hold a vital meeting in Beijing from October 26 to October 29, at which the development roadmap for China from 2016 to 2020 will be discussed, namely China's 13th Five-Year Plan.
For those obsessing over China's annual growth target of around 7 percent, the 6.9-percent expansion during the third quarter was a disappointment.
In the past five years, Cheng Chunsheng, a tea planter, has paid for his two children to complete college courses, and bought a car for business purposes.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
