*FIVE year plans, *INDUSTRIAL productivity, *PRODUCTION (Economic theory), *POPULATION, ECONOMIC conditions in China -- 1949-1976
Abstract
The author comments on Red China's Five-Year Plan. According to the plan, national output will have gone up by 51.1%, while industrial production has been ordered to increase by 98.3%. However, China, for all its 600 million people, is still far from being a first-class power even if every goal were reached exactly. There is a difference between having the power to oppress 600 million people and the power needed to convert latent energy into growth which marks a first-class power.
Published
1956
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