Historical Organization
State Planning Commission
State Planning Commission
Details
Organization Timeline
The “scissors crisis” exposes conflict between farm and factory prices
📅 1 October 1923During 1923, industrial prices rose sharply relative to agricultural prices, producing a widening gap known as the “scissors crisis.” Peasants found manufactured goods expensive while state planners...
The First Five-Year Plan begins
đź“… 1 October 1928The plan prioritized rapid industrialization, especially heavy industry. It expanded industrial capacity but imposed severe targets, shortages, labor discipline, and costs on workers and households;...
The First Five-Year Plan begins
đź“… 1 January 1953The first plan launched large-scale state-led industrialization, prioritizing heavy industry, energy, machinery and transport. It drew on Soviet planning methods and technical support, and aimed to...
The National People’s Congress approves the First Five-Year Plan
📅 30 July 1955The legislature formally approved the 1953–1957 plan after implementation had already begun. It set targets for industrial construction and major infrastructure, with Soviet-supported projects and...
The government submits initial plans for Third Front construction
📅 19 August 1964Li Fuchun, Bo Yibo and Luo Ruiqing submitted proposals for strategic industrial construction in China’s interior, following Mao’s August 12 instruction to study how economic infrastructure could...
The Third Five-Year Plan begins with defense and inland development priorities
📅 1 January 1966The 1966–1970 plan emphasized defense, self-reliance, agriculture and industry, with an important role for the Third Front. Its design reflected the deterioration of China’s relations with both...
Dual-track pricing spreads across commodities and enterprise inputs
đź“… 1 January 1985The state retained planned prices and quotas while allowing above-quota output and some inputs to trade at negotiated or market prices. This gradual approach avoided a single shock to state allocation...
Party adopts a proposal for the Ninth Five-Year Plan
đź“… 28 September 1995The Fifth Plenum set priorities for 1996-2000, including structural adjustment and enterprise reform. Multi-year planning persisted, now coordinating market development and global competition with...
NPC approves the Ninth Five-Year Plan
đź“… 17 March 1996The 1996-2000 plan translated party priorities into a state program for growth and structural adjustment. Planning continued alongside markets, though aggregate targets could obscure unequal effects...
Party adopts the proposal for the Tenth Five-Year Plan
đź“… 11 October 2000The proposal prioritized structural adjustment, technology, opening and western investment. Planning remained a way to coordinate markets and national goals, tying competitiveness to state-led...