Program and Development Research

Program and Development Research

China's programmatic policy under its long-term developments: An analysis of innovation-oriented development in China's 14th Plan (2025-2021)

Document Type : Original Article

Authors
Gholamreza Geraeinejad 1
seyed rahim teimouri 2
1 Ph.D. in Economics, Expert in the field of Economics, Development, and Education.
2 Planning and Budget OrganizationPh.D. in sociology, researcher in Center for Development Research and Foresight (Corresponding Author).
10.22034/pbr.2024.207292
Abstract
China's unique governance system, characterized by a one-party system and centralized planning with regional decentralization, has become a cornerstone of its development planning, aligning with the country's long-term economic trajectory. In the context of the 14th Plan (2025-2021), China has prioritized innovation as a key driver of economic growth, aiming to transition from an export-oriented and consumer-driven economy to one that is more innovative and capital-intensive. This paradigm shift is evident in China's 14th Development Plan. China's emphasis on innovation, as outlined in the 14th Development Plan, reflects its transition from rapid economic growth (1978-2020) to a more mature stage. This transition necessitates seeking new, environmentally sustainable sources of growth. This research analyzes China's 14th Development Plan (2025-2021), focusing on the prominent role of innovation-oriented development and incorporating analysis from related supporting documents. Our findings show that China's governance has successfully adapted to the demands of timely development, transitioning from an export-driven and consumer-focused economy to a more innovative and capital-intensive one. This shift has reduced reliance on exports, increased domestic consumption, and significantly lowered the proportion of GDP invested. China's adoption of an innovation-oriented approach has helped mitigate resource and environmental pressures on its economy, while also positioning the country for greater global integration.
Keywords
innovation
technology
innovative-based development
reforms
drivers
model of development
plan of development
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Program and Development Research
Volume 5, Issue 2 - Serial Number 18
Autumn 2024
Pages 157-193