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Main aims of China's First Five-Year Plan (1953-1957)
Rapid industrialization, development of heavy industry, creation of a socialist economy, and foundation of state-owned enterprises.
Successes of the First Five-Year Plan
Industrial output nearly tripled, transportation networks improved, major industrial centers developed, and Soviet technical assistance boosted infrastructure.
Failures of the First Five-Year Plan
Neglect of agriculture, inefficient bureaucratic planning, rising urban-rural inequality, and over-reliance on Soviet models.
Main aims of China's Second Five-Year Plan (1958-1962)
To rapidly increase industrial and agricultural output, surpass Western economies, and achieve communism through mass mobilization and communes.
Successes of the Second Five-Year Plan
Initial enthusiasm and high participation; limited early increases in steel production and infrastructure projects.
Failures of the Second Five-Year Plan
Widespread famine (up to 30 million deaths), collapse of agriculture, inflated production figures, poor-quality steel, and massive economic disruption.
Main aims of China's Third Five-Year Plan (1966-1970)
Economic recovery, national defense strengthening, regional self-sufficiency, and balanced development after the Great Leap Forward.
Successes of the Third Five-Year Plan
Improved defense and industrial base, development in interior regions (Third Front), more realistic economic planning, and some recovery in agriculture.
Failures of the Third Five-Year Plan
Cultural Revolution caused political chaos, disruption in education and production, and limited technological progress.