Virtues of planning ahead: How China is able to keep its five-year economic plans on course, schedule

Virtues of planning ahead: How China is able to keep its five-year economic plans on course, schedule

In the book “China’s Megatrends,” American scholar John Naisbitt vividly described China’s planning approach as “framing the forest and letting the trees grow,” highlighting how the plans set broad national priorities while giving individual sectors and enterprises the freedom to develop in their own ways.

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