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The Three-Step Development Strategy
Tuesday,November 08,2005 Posted: 15:31 BJT(0731 GMT)    

China's overall economic construction objectives were clearly stated in the Three Step Development Strategy set out in 1987:

Step One--to double the 1980 GNP and ensure that the people have enough food and clothing -- was attained by the end of the 1980s;

Step Two--to quadruple the 1980 GNP by the end of the 20th century --was achieved in 1995 ahead of schedule;

Step Three--to increase per-capita GNP to the level of the medium-developed countries by the mid-21st century--at which point, the Chinese people will be fairly well-off and modernization will be basically realized.

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