China reform and opening up (Background and Reason (After the great leap…
China reform and opening up
Background and Reason
After the great leap forward and the cultural revolution, The economy of China is weak, 32 million people died in the great leap forward, People's education level is low.The develop of China stopped in 10 years ago.
He proposed that the PRC need to manifested agriculture, industry, science and technology, and the military.
People at that time need to use the coupon to buy everything(e.g rice, egg, oil, salt, bicycle) because the country don't have enough food for free trade
In 1978 December, Deng Xiaoping proposed to reform and opening up.
in the 3rd Plenary Session of the 11th Central Committee of the Communist Party of China
mix market economy and planned economy for the greater good
open up for foreign trading
make a socialist market
Can have more freedom