Let’s talk about five-year plans. Alexei Grigorievich Stakhanov She had no idea, but her exaggerated productivity ended up messing her up. In 1927 he began working in the Tsentrálnaya-Írmino mine and realized that he was good at it.
In fact, he was much better at it than the others. In August 1935 smashed the record of mine productivity and extracted 102 tons of coal (14 times its quota) in five hours and 45 minutes. Days later he crushed it again and extracted 227 tons.
He became a hero to socialist workers—in addition to appearing on the cover of Time magazine—and from that was derived the stakhanovismwhich advocated the increase in labor productivity based on the workers’ own initiative.
That didn’t matter to Stalin: the Soviet Union was already completely immersed in its second five-year plan with a clear objective: the frenetic industrialization of the country based, of course, on trying to convert all workers into new Stakhanovs. And from those five-year plans we ended up moving on to others.
China signs up for the five-year period
That idea of five-year plans ended up being used by China, which began to apply them in 1953 – with the help of the former Soviet Union – and has maintained them until now. In fact, the Asian giant has debated these days what will be your 15th Five Year Plan and the focus is clear: technological self-sufficiency.
The Central Committee of the Communist Party of China published on Thursday a statement in which he made it clear. Its objective was to “greatly increase” the self-dependence capacityand in that plan there are clear fronts for the medium-term future of the Asian giant:
- Promote R&D in critical technologies such as semiconductors, robotics, high-performance computing and, of course, artificial intelligence.
- Build a “modern industrial system“that allows reduce dependency of foreign components, equipment and knowledge.
- Promote the domestic market as a pillar of growth and reduce exposure to possible impacts of the export model
- Integrate technological development with national security: self-sufficiency not only makes economic sense, but also geopolitical sense.
This five-year plan is clearly a consequence of the times we live in: the trade war with the US that it started years ago has marked the apparent end (at least partial) of globalizationand now both are looking for the same thing: not depend on others.
China’s new five-year plan goes precisely in that direction, and has a clear impact both for that country and for the rest of the world. On the one hand, greater state investment in strategic sectors and greater interventionism are proposed (Hello Mr. Trump). On the other hand, this move may reduce Chinese demand for foreign technology, exacerbating technological rivalry with the US but perhaps opening new opportunities for collaboration with other countries.
If successful, China’s five-year plan can stabilize growth in the face of potential external threats, but if self-reliance is prioritized too much, international openness and competition could be neglected, which could slow innovation or lead to less efficient companies.
Source: Bloomberg
And there is another problem: as they point out on BloombergChina is the great world exporterprecisely because their internal consumption is insufficient: they produce much more than they need. The contribution of exports to the country’s GDP is getting biggerbut consumption has stagnated or falls.
All the details of the final five-year plan will be published in March, and will intensify the focus on everything related to the technological field. This effort, which began after that first veto of the Trump administration on Huaweiseems to be bearing promising fruits for China, which is becoming in an overwhelming machine of technological innovation. That pace will not slow down.
Alexei Grigorievich Stakhanov would probably be proud.
Image | Chinese Communist Party
In Xataka | Spain has an antidote to mental and emotional exhaustion: the nap
GIPHY App Key not set. Please check settings