Give a brief account of the …

All three countries, India, Pakistan and China began towards their economic development at the same time. In addition, India and Pakistan attained independence in the year 1947. However, China was an independent economy in the year 1949.
India and Pakistan began with similar strategies for creating larger public sector units. And soon began working on raising public expenditure on social development.
All the countries began planning their development strategies in a very similar fashion. India made an announcement of its first 5-year plan in the year 1951. However, Pakistan made its 5-year plan announcement in the year 1956. China, on the other hand, had made this announcement in the year 1953.
Up until the 1980s, all 3 countries had very similar growth rates and per capita incomes.
Economic reforms took place in all the 3 countries – India, China and Pakistan.The reasons of low growth rates are reform processes and political instability. The total cultivatable area in China accounts for 40 percent of the cultivatable area in India. China's development strategy is its Great Leap Forward (GLF) which aimed at the high-scale industrialization of the economy.