What issues do China face in the Tenth Five-Year Plan?

From 2001 to 2015, China will implement the 10th five-year plan. This is not only the first medium and long-term plan after China's initial establishment of a market economic system, but also the first plan for China to face a more complex domestic and international economic environment. The difficulty of formulating this plan can be imagined.
However, people have reason to have more expectations for the 10th Five-Year Plan. Compared with the previous five five-year plans, the "10th Five-Year Plan" faces a different background: the WTO, globalization, the knowledge economy, the technological revolution, the development of the western region, and the realization of a well-off society.... There are breakthroughs in content, methods, forms, and even ideas.
Looking back at the past, the “sixth five-year plan” solved the agricultural problem; the “seventh five-year plan” solved the open issue and successfully implemented the coastal development strategy; the “eighth five-year plan” solved the bottleneck restriction of the infrastructure; the “ninth five-year plan” tried to solve the problem of the growth mode. Then what issues does China have to face in the 10th Five-Year Plan?
First, advances in technology require China to re-examine comprehensive national strength. How many tons of steel and cement and how many cars represent the national strength are not comprehensive, and what is more important is the human intelligence and human innovation ability. While attaching importance to the physical industry in the future, we must also pay more attention to human resources, education, and human resilience.
Second, the government's role will undoubtedly require fundamental adjustments. When non-state-owned economies account for more than 76% of the industrial sector and 60% of GDP, when market-determined commodity prices exceed 96% and government-dominated national income accounts for only 1.1%, it is necessary to be correct. The location promotes the provision of social public goods.
Experts who participated in the drafting of the "Tenth Five-Year Plan" proposed that the following public goods are very important during the "Tenth Five-Year" period.
The first is to clearly describe the prospects for reform. Explicitly explaining to the people the reforms of the future, how much money the people have to pay, what the state can give, what the relationship between the government and the enterprise is, and the protection of private property rights.
Second, what are the values ​​and moral values ​​under the socialist market economy? This is China's most important public product. In a capitalist society where money is paramount, then under the conditions of a socialist market economy, the most noble values ​​should be honesty and credibility.
Third, including public goods such as laws and regulations, the construction of the armed forces and the police, environmental protection, help to the poor, and education and health, the central government and local governments must do more in these areas than take too much energy. Place direct intervention on the economy.
Experts who have long studied China’s economic issues have also pointed out that the following issues are somewhat sensitive, but it is difficult to avoid the “10th Five-Year Plan” reform.
How to deal with entrepreneurial talent? How to establish an incentive mechanism for entrepreneurs? How do the constraints of managers change from party-to-party behavior to corporate governance?
How to evaluate the state-owned economy and the non-state-owned economy? At present, the contribution of the increase in the GDP of the state-owned enterprises is out of proportion to the resources they occupy. This will undoubtedly require some adjustment of the allocation of resources. What is the policy orientation of this strategic adjustment?
How to protect the interests of small and medium shareholders, how to protect the value of major shareholders while maintaining value, but also to protect the general investors and their interests?
How to adjust the government's public functions, improve the quality of public servants, reduce blind and irrational interventions, and improve the quality of public policies, so that government behavior can be included in the legal system?
Urbanization has naturally become an important issue in the "Tenth Five-Year Plan". Currently, the urbanization rate in China is only 30%, and 70% of the population is in rural areas. The deviation of 20 percentage points between the industrialization rate and the urbanization rate has created a distortion in the supply system, which is an important reason for the lack of total domestic demand. An important reason for the unsatisfactory development of the market mechanism. 
All in all, the development of the Chinese economy in the next five years is the theme, structural adjustment is the main line, reform and opening up are the driving forces, and information, industrialization, and urbanization are the main contents. With good grasp, China’s development is incalculable.

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