ABSTRACT

Given the ambitious goals of the seventh Five-Year Plan, selling industrial exports to China should be an easy task. The Plan requires the following to be accomplished (Hong Kong 1987):

Under the premise of continuous increase of economic benefits, the total output of industrial and agricultural production in the five years ought to increase by 38 per cent; gross national product, by 44 per cent; and total investment in fixed assets in state-run enterprises by nearly 70 per cent over the previous Plan's five-year period.

Extension of foreign trade will be attempted. It is planned that the total business turnover from import and export in 1990 will be 40 per cent, more than 1985; and the scale of foreign loan utilization and introduction of advanced technology will also be enlarged.

Production development will be synchronized with the improvement of the consumption level of both urban and rural residents.