Chines Planing

                                            China has become a villain in the eyes of the world after the Corona Pandemic. However, it had also experienced an economic setback in the initial stages of a said pandemic. Chinese Economy is now gradually improving better in comparison to the economies of the other countries.

                                             The strength of the country is measured on three main factors. i.e. Economic / Military Powers and Quality of leadership thereon. China, fortunately, having all those factors in its favor. Therefore it can now challenge the superpower of America. This is because China has planned its goals well ahead of community nations.

                                               China had recently organized the conference of the top leadership of the party to present its planning for the next five years. i.e. for  2021 to 2025. Chinese prime minister Xi Jinping in an address to the conference  said with confidence that ' China can now look the  world in the eyes.'  It appears he wanted to impress upon his party colleagues that this is our planning which will lead us to our goal of making China a superpower in the world.  He said it will be executed on yearly basis.

                                              China fears that America may stop the supply of high-tech materials including semiconductors. Therefore China is going to spend 7% of its budget on Research and development projects. Besides, that China will reduce Carbon Emissions by 18% from 2021 to2025. It will see that market share of world export will be maintained but simultaneously efforts will be also made to increase local consumption of produced goods. This is to make China more self-sufficient and less dependent on other countries. It will also increase the investment in Robotic and Electric Vehicles. There is also a plan to increase the high-speed rail network up to 70000 km in15 years.  Thus it will double the high-speed Rail Network. Besides that, the power generation will be increased to 70 Gigawatts from  50 Gigawatts by 2025.

                                           Surprisingly, Chinese GDP growth is going up and it is expected that Chinese GDP will remain at 7% to 9 % in the year 2021. That too when there is a declining trend of the economy in the world. This is because of the quality leadership of China and the execution of all development projects in time.

                                        In short, India has to further improve its Economic Growth and Military Power in order to face the Chinese Assault for supremacy.

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