Panorama of China’s Economic Reforms since 1949

WU Jinglian

Professor with the Development Research Center of the State Council

Abstract:

This paper presents an overview of China’s economic development and reform over the past 60 years, mapping out the course of how Chinese people overcame ideological fetters constraints, redirected reform despite barriers and deviations, and brought into contrast the distinction between government and the market. In summary, it reinforces the fact that further reform is the only answer to China’s complex economic contradictions.

Key Words: 60 years of China’s economy, reform

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