Economy of ChinaThe People's Republic of China (PRC) has a socialist market economy, incorporating industrial policies and strategic five-year plans. China has the world's second-largest economy by nominal GDP and since 2016 has been the world's largest economy when measured by purchasing power parity (PPP). China accounted for 19% of the global economy in 2025 in PPP terms, and around 17% in nominal terms in 2025.
Microeconomic reformMicroeconomic reform (or often just economic reform) comprises policies directed to achieve improvements in economic efficiency, either by eliminating or reducing distortions in individual sectors of the economy or by reforming economy-wide policies such as tax policy and competition policy with an emphasis on economic efficiency, rather than other goals such as equity or employment growth.
Deng XiaopingParamount Leader of the People's Republic of China←Hua GuofengJiang Zemin→Deng Xiaoping (22 August 1904 – 19 February 1997) was a Chinese statesman, revolutionary, and political theorist who served as the paramount leader of the People's Republic of China (PRC) from 1978 to 1989.
Third plenary session of the 11th Central Committee of the Chinese Communist PartyFull NameTraditional Chinese中國共產黨第十一屆中央委員會第三次全體會議Simplified Chinese中国共产党第十一届中央委员会第三次全体会议The third plenary session of the 11th Central Committee of the Chinese Communist Party was a meeting of the Central Committee of the Chinese Communist Party held at the Jingxi Hotel in Beijing, China, from December 18 to December 22, 1978.
Chinese Communist PartyGoverning party of the People's Republic of ChinaAbbreviationChinese中共Hanyu PinyinZhōnggòngTibetan nameTibetanཀྲུང་གོ་གུང་ཁྲན་ཏངZhuang nameZhuangCunghgoz GungcanjdangjMongolian nameMongolian CyrillicДундад улсын (Хятадын) Эв хамт (Kоммунист) НамMongolian scriptᠳᠤᠮᠳᠠᠳᠤ ᠤᠯᠤᠰ ᠤᠨ(ᠬᠢᠲᠠᠳ ᠤᠨ)ᠡᠪ ᠬᠠᠮᠲᠤ(ᠺᠣᠮᠮᠤᠶᠢᠨᠢᠰᠲ)ᠨᠠᠮUyghur nameUyghurجۇڭگو كوممۇنىستىك پارتىيىسى The Communist Party of China (CPC), commonly known as the Chinese Communist Party (CCP), is the founding and sole governing party of the People's Republic of China (PRC).
Boluan FanzhengBoluan Fanzheng (Chinese: 拨乱反正; lit. 'Eliminating chaos and returning to normal'; trans. "Setting Things Right") was a period of significant sociopolitical reforms starting with the accession of Deng Xiaoping to the paramount leadership in China in 1978. During this period, a far-reaching program of reforms was undertaken by Deng and his allies to "correct the mistakes of the Cultural Revolution", and restore order in the country.
History of the People's Republic of ChinaHistory of the People's Republic of China Chronology 1949–1976 (Mao era) Revolution Land Reform Movement Proclamation Korean War Campaign to Suppress Counterrevolutionaries Three-anti and Five-anti Campaigns First five-year plan Five Principles of Peaceful Coexistence Bandung Conference Sufan movement Hundred Flowers Campaign Anti-Rightist Campaign Canton Fair Great Leap Forward Great Chinese Famine Anti-Right Deviation Struggle Two Bombs, One Satellite Seven Thousand Cadres Conference Socialist Education Movement Third Front Cultural Revolution Abolition of the presidency UN representation Richard Nixon visit 1976–1989 (Hua & Deng era) Gang of Four Boluan Fanzheng 1978 Truth Criterion Controversy New Enlightenment Reform and opening up Special economic zones China–United States relations Three Communiqués Four Modernizations Sino-Vietnamese War Beijing Spring Strike Hard Against Crime Campaign Sino-British Joint Declaration Campaign against spiritual pollution Bourgeois liberalization Opposition 863 Program 1986 Chinese student demonstrations Sino-Portuguese Joint Declaration 1989 Tiananmen Square protests and massacre 1989–2002 (Jiang era) Shanghai Stock Exchange Pudong New District Deng's southern tour 1992 consensus One country, two systems Handover of Hong Kong Handover of Macau Xiagang 1998 floods US bombing of the Belgrade embassy Persecution of Falun Gong China Western Development Hainan Island incident APEC China 2001 Accession to the WTO Forum on China–Africa Cooperation Shanghai Cooperation Organisation 2002–2012 (Hu era) 2002–2004 SARS outbreak Shenzhou 5 Visit of Lien Chan South–North Water Transfer Project Qinghai–Tibet railway 2008 Sichuan earthquake Three Links with Taiwan 2008 Summer Olympics Expo 2010 BRICS Three Gorges Dam West–East Gas Pipeline High-speed rail 2012–present (Xi era) Anti-corruption campaign Chang'e 3 Supercomputing Meeting with Ma Ying-Jeou Xiong'an Plan on reforming Party and state institutions 2025 China Victory Day Parade China–United States trade war Tiangong space station Global Leaders' Meeting on Women 2019–2020 Hong Kong protests 2020 Hong Kong national security law COVID-19 pandemic Zero-COVID 2020–2021 reform spree 2022 Winter Olympics 2022 COVID-19 protests in China Artificial Intelligence Cold War Belt and Road Initiative APEC China 2014 2016 G20 Hangzhou summit 9th BRICS summit China International Import Expo Constitution Beijing Shanghai Culture LGBTQ Feminism Economy Education Geography Politics China portalvte Part of a series on theHistory of China Timeline Dynasties Historiography Prehistoric Paleolithic (c. 2.43 Ma – c. 12 ka) Mesolithic (c. 10 – c. 7 ka) Neolithic (c. 8500 – c. 2000 BCE) Yellow, Yangtze, and Liao civilization Ancient Xia (c. 2070 – c. 1600 BCE) Shang (c. 1600 – c. 1046 BCE) Late Shang (c. 1250 – c. 1046 BCE) Zhou (c. 1046 – c. 256 BCE) Western Zhou (c. 1046 – c. 771 BCE) Eastern Zhou (c. 771 – c. 256 BCE) Spring and Autumn (c. 770 – c. 476 BCE) Warring States (c. 475 – c. 221 BCE) Imperial Qin (221–207 BCE) Han (202 BCE – 220 CE) Chu–Han Contention (206–202 BCE) Western Han (202 BCE – 9/25 CE) Xin (9–23 CE) Eastern Han (25–220 CE) Three Kingdoms (220–280 CE) Wei, Shu Han, and Wu Jin (266–420) Western Jin (266–316) Eastern Jin (317–420) Sixteen Kingdoms (304–439) Northern andSouthern dynasties (420–589) Sui (581–618) Tang (618–907) Wu Zhou (690–705) Five Dynasties andTen Kingdoms (907–979) Song (960–1279) Northern Song (960–1127) Southern Song (1127–1279) Liao (916–1125) Western Xia (1038–1227) Jin (1115–1234) Yuan (1271–1368) Ming (1368–1644) Qing (1644–1912) Modern Republic of China (mainland, 1912–1949) People's Republicof China (1949–present) Republic of China (Taiwan,1949–present) Related articles Art history Cuisine history Economic history Education history Environmental history Jewish history Legal history LGBTQ history Media history Music history Timeline Military history before 1912 Naval history Religion in China Buddhism Christianity Daoism Islam Science and technology history Archaeology Cartography Discoveries Inventions Space Sports history Transport history Women's history vte On 1 October 1949 CCP chairman Mao Zedong proclaimed the People's Republic of China (PRC) from atop Tiananmen, after a near complete victory (1949) by the Chinese Communist Party (CCP) in the Chinese Civil War.
Deng Xiaoping's southern tour1992 southern tourChinese九二南巡Literal meaning92 South TourDeng Xiaoping's southern tour (Chinese: 邓小平南巡), or 1992 southern tour (九二南巡), or simply Nanxun (南巡) was the tour of Deng Xiaoping, the third paramount leader of China, in southern China, including in Shenzhen, Zhuhai, Guangzhou and Shanghai, from 18 January to 21 February 1992.
1989 Tiananmen Square protests and massacreStudent-led demonstrations in ChinaProtests led by students and workers, known in China as the June Fourth Incident, were held in Tiananmen Square in Beijing, China, from 15 April to 4 June 1989.
Four ModernizationsThe Four Modernizations (simplified Chinese: 四个现代化; traditional Chinese: 四個現代化) were goals formally announced by China's first PremierZhou Enlai to strengthen the fields of agriculture, industry, defense, and science and technology in China.
Mao ZedongLeader of China from 1949 to 1976Courtesy nameSimplified Chinese润之Traditional Chinese潤之Central institution membership 1964–1976: Member, National People's Congress 1954–1959: Member, National People's Congress 1938–1976: Member, 6th, 7th, 8th, 9th, 10th Politburo 1938–1976: Member, 6th, 7th, 8th, 9th, 10th Central Committee Other offices held 1954–1959: Chairman of the People's Republic of China 1954–1976: Chairman, CCP Central Military Commission 1954–1959: President and Chairman, National Defence Council 1954–1976: Honorary Chairman, CPPCC National Committee 1949–1954: Chairman, Central People's Revolutionary Military Commission 1949–1954: Chairman, CPPCC National Committee 1949–1954: Chairman, PRC Central People's Government 1943–1956: Chairman, CCP Central Secretariat 1936–1949: Chairman, CCP Central Military Commission Paramount Leader ofthe People's Republic of China(Inaugural holder)Hua Guofeng→PersonalEarly lifeFormer ResidenceDeath and state funeralMemorial HallIdeologyMaoismThird WorldismMarxism–Leninism–MaoismGonzalo ThoughtPrachanda PathLeader of China1945 election as CCP leaderTenureRevolutionLand Reform MovementProclamationKorean WarCampaign to Suppress CounterrevolutionariesThree-anti and Five-anti CampaignsFirst five-year planFive Principles of Peaceful CoexistenceBandung ConferenceSufan movementHundred Flowers CampaignAnti-Rightist CampaignCanton FairGreat Leap ForwardGreat Chinese FamineTwo Bombs, One SatelliteSeven Thousand Cadres ConferenceSocialist Education MovementThird FrontCultural RevolutionAbolition of the presidencyUN representationRichard Nixon visitWorksBombard the HeadquartersA Critique of Soviet EconomicsOn ContradictionOn Guerrilla WarfareOn New DemocracyOn PracticeOn Protracted WarOn the Correct Handling ofContradictions Among the PeopleOn the People's Democratic DictatorshipOn the Ten Major RelationshipsOppose Book WorshipQuotations from Chairman Mao Tse-tungReply to Li ShuyiHunan ReportSelected Works of Mao Tse-TungThe Shian Kian Weekly ReviewPoetryChangshaThe Double NinthLoushan PassLegacyCult of personalityChairman Mao en route to AnyuanPortraits overlooking Tiananmen1989 vandalism incidentStatues YoungFuzhouChengduLong Live the VictoryNorth Park Commune inspectiontMao Zedong (26 December 1893 – 9 September 1976) was a Chinese revolutionary, political theorist, and dictator who founded the People's Republic of China (PRC) and served as its paramount leader from 1949 until his death in 1976 primarily through his role as the Chairman of the Chinese Communist Party (CCP).
ChinaCountry in East AsiaChina, officially the People's Republic of China (PRC), is a country in East Asia. It is divided into 33 province-level divisions, including two special administrative regions. Beijing is the capital, while Shanghai is the most populous city by urban area. Its geography features the Central Plain, major rivers such as the Yangtze and Yellow River, deserts, subtropical and temperate forests, plateaus, and mountain ranges such as the Himalayas.*As an Amazon Associate I earn from qualifying purchases.