China is still using five-year plans for it's economy. It seems much more successful. How is this different from the Soviet way of planning the economy? - http

China is still using five-year plans for it's economy. It seems much more successful. How is this different from the Soviet way of planning the economy? - https://www.aljazeera.com/economy/2020/10/29/china-unveils-5-year-path-to-becoming-a-tech https://www.aljazeera.com/economy/2020/10/29/china-unveils-5... - https://en.wikipedia.org/wiki/Five-year_plans_of_China https://en.wikipedia.org/wiki/Five-year_plans_of_China