- PRC State Planning Committee, set up in 1952, replaced in 1998 by State Development and Planning Committee 国家发展计划委员会【Guó jiā Fā zhǎn Jì huà Wěi yuán huì】 then in 2003 by National Development and Reform Commission 国家发展和改革委员会【Guó jiā Fā zhǎn hé Gǎi gé Wěi yuán huì】
Generated: This term refers to a government agency responsible for creating and implementing economic strategies and plans in a nation. It suggests a central authority in planning economic development.
The State Planning Committee is responsible for formulating the overall economic plan of the country.