Special Economic Zones Of China
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Special Economic Zones Of China
When Deng Xiaoping took over as the paramount leader of the People's Republic of China (PRC), he presented himself as a pragmatic contrast to his predecessor Mao, who was more of a theorist and an ideologist. Deng's main goal was to lift people out of poverty and significantly improve the lives of ordinary Chinese people. In justifying opening up and the series of economic reforms that ensued, Deng referred to Marx and his theories, which predicted that nations need to undergo urbanization and a stage of capitalism for a natural socialist transition. One of the most renowned reforms under Deng was establishing four "special economic zones" along the Southeastern coast of China, with Shenzhen, Shantou, and Zhuhai located in Guangdong province and Xiamen located in Fujian province. Special economic zones (SEZs) in mainland China are granted more free market-oriented economic policies and flexible governmental measures by the government of China, compared to the planned economy elsewher ...
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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 ...
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