The eight-character policy, that is, properly adjusting the proportional relationship in all aspects of the national economy, mainly means adjusting the proportional relationship between agriculture, light industry and heavy industry, increasing the development speed of agriculture and light industry as much as possible, appropriately controlling the development speed of heavy industry, especially steel industry, and reducing the scale of capital construction, so that national construction and people's lives can be arranged as a whole. We must consolidate the achievements of national economic development and make it develop in depth. It is necessary to enrich the production capacity of some departments with a small amount of investment, so that they can be matched and play a greater economic effect. It is necessary to improve product quality, increase product varieties, and improve management level and labor productivity.
1960 On September 30th, the "Report on the Control Figures of 196 1 year" forwarded by the Central Committee of the State Planning Commission formally put forward the "eight-character policy" for the first time. From 196 1 10 to 14 to 18, this policy was discussed and passed at the Ninth Plenary Session of the Eighth Central Committee.