Chronicle
Socialist transformation (the First Five-Year Plan)
(chinadaily.com.cn)
Updated: 2011-05-10 12:57
The early days of New China were a period of economic recovery. While developing production, China gradually established socialist public ownership of the means of production. From 1953 to 1956, large-scale socialist transformation of the national economy was implemented, the First Five-Year Plan (1953-1957) for the development of the national economy was achieved ahead of schedule, and China established and expanded basic industries necessary for full industrialization, hitherto non-existent domestically, producing airplanes, automobiles, heavy machinery, precision machinery, power-generating equipment, metallurgical and mining equipment, high-grade alloy steels and non-ferrous metals.
CPC Heroes
Zhu De
Zhu De, born in Yilong County of Sichuan Province in 1886 and passed away in 1976, is a great Marxist, proletarian revolutionary, statesman and military strategist.
Chen Yi
A native of Le Zhi, in Southwest China's Sichuan Province, and awarded by the People's Republic of China the military rank of marshal; Served as the country's Vice Premier (1954-1972) and Foreign Minister (1958-1972)