Mao Tse-Tung1953
The communist party launches the first five-year plan with the aims of industrialization, collectivization of agriculture, and political centralization
China · Government / Chinese Communist Party. Chronological records rendered directly from the World History Database.
The communist party launches the first five-year plan with the aims of industrialization, collectivization of agriculture, and political centralization
Mao launches the "Great Leap Forward" (mass mobilization and collectivization of the farms to increase crop production and steel production
Communes are reorganised into "production brigades" after poor harvests in 1959-61
Chou En-Lai, at the fourth Congress, outlines a program of Four Modernizations (agriculture, industry, army, science)
Promotes a policy of economic liberalization
The CPC under the leadership of Deng Xiaoping moves towards Socialism with Chinese characteristics and institutes Chinese economic reform. In reversing some of Maos "extreme-leftist" policies, Deng argued that a socialist country and the market economy model were not mutually exclusive
The Plenum of the 11th Party Congress ushers in capitalist-style economic reform
First Special Economic Zones are established in Shenzhen
First Special Economic Zones are established in Shenzhen. Special Economic Zones in Shenzhen, Zhuhai, Shantou (Guangdong), Xiamen (Fujian), and the entire province of Hainan
Deng Xiaoping seizes power and launches pseudo-capitalistic economic reforms
The Communist Party formally condemns Mao for the economic disasters from 1957 till his death
Russia & China sign a $1.2 billion trade agreement
Urban workers pay & bonuses will be linked to job performance
Coastal cities are completely opened to foreign investment
Deng Xiaoping boosts "Open-door" policy to encourage Foreign Direct Investments
Kentucky Fried Chicken (KFC) comes to China. Introduction of Western-style fast-food to China
Resists Zhoas attempts to liberalize the economy & restores central planning
Excessive economic growth with rampand corruption and out-of-control inflation of 18.5%
The Central Committee cuts Xiaopings reforms which cause inflation & stop-go growth
Stock markets are opened in Shanghai and Shenzhen
Communist China joins the Asia-Pacific Economic Cooperation (APEC)
Tours the "Gold Coast" & gives support to economic reform. Deng encourages the return back to economic reforms
Communist Chinas gross domestic product grows at an average annual rate of about 10%, the highest in the world, between 1994 and 2000. China, Russia and three (later four) former Soviet republics (Turkmenistan, Uzbekistan, Kazakhstan, Kyrgyzstan) form the Shanghai Cooperation Organisation (SCO)
Communist Chinas gross domestic product grows at an average annual rate of about 10%, the highest in the world, between 1994 and 2000. China, Russia and three (later four) former Soviet republics (Turkmenistan, Uzbekistan, Kazakhstan, Kyrgyzstan) form the Shanghai Cooperation Organisation (SCO)
Dengs vision for economic success and a new socialist market model became entrenched in the Communist Party constitution in 1997 as Deng Xiaoping Theory
Jiang Zemin legalizes private enterprise and unveils a plan to privatize Communist Chinas state-owned enterprises
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.