Twelfth Five Year Plan
Description
Source:
China's Twelfth Five-Year Plan period is crucial for building a moderately prosperous society in all respects and for deepening reform and opening up and speeding up the transformation of the pattern of economic development. The key targets of the Plan are the following:
Economic targets: GDP to grow by 7 percent annually on average; More than 45 million jobs to be created in urban areas; Urban registered unemployment to be kept no higher than 5 percent; Prices to be kept generally stable.
Economic restructuring: Rise in domestic consumption; Breakthrough in emerging strategic industries; Service sector value-added output to account for 47 percent of GDP, up 4 percentage points; Urbanization rate to reach 51.5 percent, up 4 percentage points.
Innovation: Expenditure on research and development to account for 2.2 percent GDP; Every 10,000 people to have 3.3 patents.
Environment & clean energy: Non-fossil fuel to account for 11.4 percent of primary energy consumption; Water consumption per unit of value-added industrial output to be cut by 30 percent; Energy consumption per unit of GDP to be cut by 16 percent; Carbon dioxide emission per unit of GDP to be cut by 17 percent; Forest coverage rate to rise to 21.66 percent and forest stock to increase by 600 million cubic meters;
Agriculture: Annual grain production capacity to be no less than 540 million tonnes; Farmland reserves to be no less than 1.818 billion mu.
Livelihood: Population to be no larger than 1.39 billion; Life span per person to increase by one year; Pension schemes to cover all rural residents and 357 million urban residents; Construction and Renovation of 36 million apartments for low-income families; Minimum wage standard to increase by no less than 13 percent on average each year;
Social management: Improved public service for both urban and rural residents; Improved democracy and legal system; Better social management system for greater social harmony; More than 10 percent of all residents will be registered as community volunteers.
Reform: Encourage qualified enterprises to get listed in stock markets; In-depth reform in monopoly industries for easier market entry and more competition; Improved government efficiency and credibility.
For more information please see the documents on the right hand side of this page.
SDGS & Targets
Goal 8
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
8.1
8.1.1
Annual growth rate of real GDP per capita
8.2
Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors
8.2.1
Annual growth rate of real GDP per employed person
8.3
Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services
8.3.1
Proportion of informal employment in total employment, by sector and sex
8.4
Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10-Year Framework of Programmes on Sustainable Consumption and Production, with developed countries taking the lead
8.4.1
Material footprint, material footprint per capita, and material footprint per GDP
8.4.2
Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP
8.5
8.5.1
Average hourly earnings of female and male employees, by occupation, age and persons with disabilities
8.5.2
Unemployment rate, by sex, age and persons with disabilities
8.6
8.6.1
Proportion of youth (aged 15-24 years) not in education, employment or training
8.7
Take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of child soldiers, and by 2025 end child labour in all its forms
8.7.1
Proportion and number of children aged 5‑17 years engaged in child labour, by sex and age
8.8
Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment
8.8.1
Fatal and non-fatal occupational injuries per 100,000 workers, by sex and migrant status
8.8.2
Level of national compliance with labour rights (freedom of association and collective bargaining) based on International Labour Organization (ILO) textual sources and national legislation, by sex and migrant status
8.9
By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products
8.9.1
Tourism direct GDP as a proportion of total GDP and in growth rate
8.10
Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all
8.10.1
(a) Number of commercial bank branches per 100,000 adults and (b) number of automated teller machines (ATMs) per 100,000 adults
8.10.2
Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider
8.a
8.a.1
Aid for Trade commitments and disbursements
8.b
By 2020, develop and operationalize a global strategy for youth employment and implement the Global Jobs Pact of the International Labour Organization
8.b.1
Existence of a developed and operationalized national strategy for youth employment, as a distinct strategy or as part of a national employment strategy
SDG 14 targets covered
Deliverables & Timeline
Resources mobilized
Partnership Progress
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