Posts Tagged: reform and opening

To Get Rich is Glorious

The 1980s ushered in a decade of reform, led by Deng Xiaoping’s first economic czar, Zhao Ziyang. Under Zhao, China went about the process of decollectivizing agriculture, setting up a Special Economic Zone in Shenzhen, and launching a wave of entrepreneurship with Township and Village Enterprises.

The Famous Speech

Deng’s changed the course of Chinese history at the 3rd Plenum of 11th Party Congress in December 1978. Proving once and for all that he had wrested control from Hua Guofeng, Deng introduced the policy of “reforms and opening,” or gaige kaifang (改革开放), marking the start of a new era for China.