First Five Year Plan Flashcards
When was the first five year plan?
1953-57
What was the first five year plan?
Economic policy adopted by the CCP after it seized control of China
What was the ambitions of the First Fiver Year Plan?
Targets for Infrastructure and production in heavy industries
How much did steel production increase by?
1.3 million tonnes in 1952 to 5.35 million tonnes in 1957
What was the target for steel production in the five year plan?
4.12 million tonnes. It exceeded its target
How much did iron production increase?
1957 increased to 5 million tonnes
What was the target for iron production?
3.7 million tonnes. It exceeded its target
What was the plan for electricity production?
15.9 billion kilowatts
How much electricity was produced?
19 billion kilowatts. Exceeded its aim.
What was the target for hydroelectric turbines?
79,000 kilowatts
How much did the hydroelectric turbines produce?
75,000 kilowatts. Not exceeded its aim.
What was the target for oil production?
2012 million tonnes
How much oil was produced?
1458 million tonnes. Not exceeded its target
What was the target for coal production?
113 million tonnes
How much coal was produced?
It beat its target of 113 million tonnes by 2 million tonnnes
