1. CHINA’S REFORM JOURNEY.
- Author
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Zakkour, Michael
- Subjects
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URBANIZATION , *QUALITY of life , *URBAN planning , *INTEREST rates , *REFORMS , *ECONOMIC policy , *RURAL population , *POVERTY reduction - Abstract
China's reform and opening-up era began in 1978, marking a shift from Maoist policies to economic modernization and openness to the global economy. The reforms introduced between 1978 and 2013 had profound effects on China's economy, society, and development trajectory. President Xi Jinping's comprehensive reform agenda in 2013 further contributed to economic modernization, improved governance, social integration, and environmental sustainability. China's progress over the past 40-plus years has lifted millions out of poverty, transformed it into a global manufacturing powerhouse, and enhanced its geopolitical influence. The country's reform and opening up have also had significant impacts on the world, including its role in global supply chains, contribution to global economic growth, and geopolitical influence through initiatives like the Belt and Road Initiative. [Extracted from the article]
- Published
- 2024