Foreign Direct Investment In China
Foreign direct investment (FDI) has been an important part of the Chinese economy since the 1980s. During the Mao period, most foreign companies halted their operations in China, though China remained connected to the world economy through a limited scale of international trade. Since 1978, China was again open to foreign investment and within two decades it became the largest recipient of foreign direct investment among developing countries. While China's acceptance of foreign investment is commonly associated with Deng Xiaoping’s policies, Chinese leaders including Mao Zedong and Hua Guofeng already acknowledged the need to import foreign capital and technology in the early 1970s. The investments from the 1970s up till the 2000s mainly focused on the manufacturing sector, earning China the label “world’s factory”. However, female migrant workers who contributed to the growth through participation in the foreign-owned manufacturing sector had to work in poor conditions, wi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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History Of The People's Republic Of China (1949–1976)
The time period in China from the Proclamation of the People's Republic of China, founding of the People's Republic in 1949 until Death and state funeral of Mao Zedong, Mao's death in 1976 is commonly known as Maoist China and Red China. The history of the People's Republic of China is often divided distinctly by historians into the Mao era and the Chinese economic reform, post-Mao era. The country's Mao era lasted from the founding of the People's republic on 1 October 1949 to Deng Xiaoping's consolidation of power and policy reversal at the 3rd Plenary Session of the 11th Central Committee of the Chinese Communist Party, Third Plenum of the 11th Party Congress on 22 December 1978. The Mao era focuses on Mao Zedong's social movements from the early 1950s on, including Land Reform Movement (China), land reform, the Great Leap Forward and the Cultural Revolution. The Great Chinese Famine, one of the worst famines in human history, occurred during this era. 1949: Proclamation o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Deng Xiaoping
Deng Xiaoping (22 August 1904 – 19 February 1997) was a Chinese revolutionary leader, military commander and statesman who served as the paramount leader of the People's Republic of China (PRC) from December 1978 to November 1989. After CCP chairman Mao Zedong's death in 1976, Deng gradually rose to supreme power and led China through a series of far-reaching market-economy reforms earning him the reputation as the "Architect of Modern China". He contributed to China becoming the world's second largest economy by GDP nominal in 2010. Born in the province of Sichuan in the Qing dynasty, Deng studied and worked in France in the 1920s, where he became a follower of Marxism–Leninism and joined the Chinese Communist Party (CCP) in 1924. In early 1926, Deng travelled to Moscow to study Communist doctrines and became a political commissar for the Red Army upon returning to China. In late 1929, Deng led local Red Army uprisings in Guangxi. In 1931, he was demoted within the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chinese Economic Reform
The Chinese economic reform or reform and opening-up (), known in the West as the opening of China, is the program of economic reforms termed " Socialism with Chinese characteristics" and "socialist market economy" in the People's Republic of China (PRC). Led by Deng Xiaoping, often credited as the "General Architect", the reforms were launched by reformists within the Chinese Communist Party (CCP) on December 18, 1978, during the "Boluan Fanzheng" period. The reforms went into stagnation after the military crackdown on 1989 Tiananmen Square protests, but were revived after Deng Xiaoping's Southern Tour in 1992. In 2010, China overtook Japan as the world's second-largest economy by nominal GDP and in 2017 overtook the United States by becoming the world's largest economy by GDP (PPP). Prior to the reforms, the Chinese economy was dominated by state ownership and central planning. From 1950 to 1973, Chinese real GDP per capita grew at a rate of 2.9% per year on average, albei ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mao Zedong
Mao Zedong pronounced ; also romanised traditionally as Mao Tse-tung. (26 December 1893 – 9 September 1976), also known as Chairman Mao, was a Chinese communist revolutionary who was the founder of the People's Republic of China (PRC), which he led as the chairman of the Chinese Communist Party from the establishment of the PRC in 1949 until his death in 1976. Ideologically a Marxist–Leninist, his theories, military strategies, and political policies are collectively known as Maoism. Mao was the son of a prosperous peasant in Shaoshan, Hunan. He supported Chinese nationalism and had an anti-imperialist outlook early in his life, and was particularly influenced by the events of the Xinhai Revolution of 1911 and May Fourth Movement of 1919. He later adopted Marxism–Leninism while working at Peking University as a librarian and became a founding member of the Chinese Communist Party (CCP), leading the Autumn Harvest Uprising in 1927. During the Chinese Civil War ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hua Guofeng
Hua Guofeng (; born Su Zhu; 16 February 1921 – 20 August 2008), alternatively spelled as Hua Kuo-feng, was a Chinese politician who served as Chairman of the Chinese Communist Party and Premier of the People's Republic of China. The designated successor of Mao Zedong, Hua held the top offices of the government, party, and the military after the deaths of Mao and Premier Zhou Enlai, but was gradually forced out of supreme power by a coalition of party leaders between December 1978 and June 1981, and subsequently retreated from the political limelight, though still remaining a member of the Central Committee until 2002. Born and raised in Jiaocheng, Shanxi, Hua was educated at the Jiaocheng County Commercial School and joined the Chinese Communist Party (CCP) in 1938, seeing action in both the Second Sino–Japanese War and the Chinese Civil War as a guerrilla fighter.Ye Yonglie, 邓小平改变中国——1978:中国命运大转折 (Deng Xiaoping Changed China-1978: China ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hukou
''Hukou'' () is a system of household registration used in mainland China. The system itself is more properly called "''huji''" (), and has origins in ancient China; ''hukou'' is the registration of an individual in the system (''kou'' literally means "mouth", which originates from the practise of regarding family members as "mouths to feed", similar to the phrase " per head" in English). A household registration record officially identifies a person as a permanent resident of an area and includes identifying information such as name, parents, spouse and date of birth. A ''hukou'' can also refer to a family register in many contexts since the household register () is issued per family, and usually includes the births, deaths, marriages, divorces, and moves, of all members in the family. The system descends in part from ancient Chinese household registration systems. The hukou system also influenced similar systems within the public administration structures of neighboring ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Royal Dutch Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas "supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Learn From Dazhai In Agriculture
The "Learn from Dazhai in agriculture" Campaign (, or in Wade-Giles Romanization Tachai) was a campaign organized by Mao Zedong in 1963. The campaign encouraged peasants from all over China to follow from the example of the farmers of Dazhai village, Shanxi, by practicing self-sacrifice and upright political activity. It grew in importance after the introduction of the Cultural Revolution, but Chen Yonggui and its other proponents were eventually eased out of power by Deng Xiaoping following the removal of the Gang of Four. History The Learn from Dazhai movement heavily emphasized self-reliance in rural development. This success of Dazhai peasants in building "socialist agriculture" -- including overcoming difficult conditions to terrace the land and build an irrigation system -- served as the inspiration for the movement. It was significant in Mao Zedong's model of development, which placed agriculture at the foundation of the economy because China had to be self-sufficient a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Daqing Oil Field
The Daqing Oil Field (), formerly romanized as "Taching", is the largest oil field in the People's Republic of China, located between the Songhua river and Nen River in Heilongjiang province. When the Chinese government began to use to pinyin for romanization, the field's name became known as Daqing. History Discovered in 1959 by Li Siguang, Wang Jinxi (who led No. 1205 drilling team) worked on this oilfield. This field has produced over of oil since production started in 1960. Daqing contained or 2.2 billion tons in the beginning; the remaining recoverable reserves are about or 500 million tons. Due to the rapid increases in production in its early days, Daqing was lauded by China's state media as a model industrial enterprise throughout the 1960s and 1970s. As of 2013 the field's production rate was about . It is reputed that during the first two decades of the life of the field, as much as 90% of the oil was wasted. Daqing Oilfield Company Limited, based in Daqing, is the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Manchukuo
Manchukuo, officially the State of Manchuria prior to 1934 and the Empire of (Great) Manchuria after 1934, was a puppet state of the Empire of Japan in Northeast China, Manchuria from 1932 until 1945. It was founded as a republic in 1932 after the Japanese invasion of Manchuria, and in 1934 it became a constitutional monarchy under the ''de facto'' control of Japan. It had limited Diplomatic recognition, international recognition. The area was the homeland of the Manchu people, Manchus, including the emperors of the Qing dynasty. In 1931, Japanese invasion of Manchuria, Japan seized the region following the Mukden Incident. A pro-Japanese government was installed one year later with Puyi, the List of emperors of the Qing dynasty, last Qing emperor, as the nominal regent and later emperor. Manchukuo's government was dissolved in 1945 after the Surrender of Japan, surrender of Imperial Japan at the End of World War II in Asia, end of World War II. The territories claimed by Manc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1989 Tiananmen Square Protests And Massacre
The Tiananmen Square protests, known in Chinese as the June Fourth Incident (), were student-led demonstrations held in Tiananmen Square, Beijing during 1989. In what is known as the Tiananmen Square Massacre, or in Chinese the June Fourth Clearing () or June Fourth Massacre (), troops armed with assault rifles and accompanied by tanks fired at the demonstrators and those trying to block the military's advance into Tiananmen Square. The protests started on 15 April and were forcibly suppressed on 4 June when the government declared martial law and sent the People's Liberation Army to occupy parts of central Beijing. Estimates of the death toll vary from several hundred to several thousand, with thousands more wounded. The popular national movement inspired by the Beijing protests is sometimes called the '89 Democracy Movement () or the Tiananmen Square Incident (). The protests were precipitated by the death of pro-reform Chinese Communist Party (CCP) general secretary H ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |