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The first five-year plan was implemented on May 14, 1953
On this day, 72 years ago, on May 14, 1953 (April 2, 1953, the first five-year plan began to be implemented. Liu Shaoqi, Deng Xiaoping, and Yang Shangkun inspected the Shenyang Aircraft Manufacturing Plant. On May 14, 1953, the country began to implement the first five-year plan. In the spring of 1951, Zhou Enlai, Li Fuchun, and Chen Yun presided over the preparation of the first Five-Year Plan (1953 - 1957). After five revisions and supplements, it was reviewed and approved by the Second Session of the First National People's Congress in July 1955. The basic task of this plan is to establish the preliminary foundation for socialist industrialization. The plan proposes to concentrate efforts on carrying out projects centered on 156 projects aided by the Soviet Union. Industrial construction consisting of 694 large and medium-sized construction projects to establish the foundation for socialist industrialization; develop agricultural production cooperatives under partial collective ownership and develop handicraft production cooperatives to establish a preliminary foundation for the socialist transformation of agriculture and handicrafts; Basically, integrate capitalist industry and commerce into various forms of national capitalism and establish the foundation for the socialist transformation of private industry and commerce. The plan stipulates that the total expenditure on economic, cultural and educational construction across the country within five years will be 76.64 billion yuan; Among them, investment in capital construction was 42.74 billion yuan; the total industrial output value increased by an average of 14.7% per year, and the total agricultural and sideline output value increased by an average of 4.3% per year. By 1957, half of private industrial enterprises had been transformed into public-private partnerships, and farmers participating in primary agricultural production cooperatives accounted for about 1/3 of the total. The plan stipulates that in 1957, the total retail sales of social goods nationwide reached about 49.8 billion yuan, an increase of about 80% over 1952; within five years, more than half of the original private businesses will be transformed into various forms of state capitalism and small businesses organized by small merchants and hawkers. The plan stipulates that on the basis of production development, the people's material and cultural living standards will be gradually improved and improved. Within five years, the number of employed people will increase by 4.2 million, the average wage of workers will increase by 33%, and the purchasing power of farmers in 1957 will nearly double that in 1952. Beijing railway employees carried a placard saying "Struggle to increase production and save 300 billion yuan" to march


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