state planners

The Third Five-Year Plan begins with defense and inland development priorities

📅 1 January 1966

The 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...

The “scissors crisis” exposes conflict between farm and factory prices

📅 1 October 1923

During 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...