BEIJING : The Next Five Years
China’s National People’s Congress (NPC) meets beginning Monday to endorse a new Five-Year Plan (1991-1995) that has already been approved by the Communist Party Central Committee. The plan reportedly includes further cautious steps toward decentralized economic decision-making, gradual elimination of subsidies and a more market-oriented economy.
While the NPC rarely rejects proposals from the party nor introduces its own legislation, an exception may occur during an expected vote on the controversial Three Gorges Dam, a mammoth flood-control and hydroelectric project sidelined once already in 1989 by opposition from economists and environmentalists.
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.