Saturday, December 20, 2008

Backgrounder: Major events in 30 years of China's reform, opening-up

Special report:

30 Years of Reform Opening Up





BEIJING, Dec. 18 (Chinese media) -- On this date 30 years

ago, the Communist Party of China (CPC) made a landmark policy shift, known as

the reform and opening up drive, which gave the then poverty-stricken nation

hope of a better life through economic change.

The radical economic and social changes in China have

justified that decision.

The world has witnessed a growing China with

remarkable economic, social and technological achievements. Since the

introduction of the policy, China has turned from an impoverished country into

the world's fourth-largest economy.

The past three decades have also been a critical era

for China to embrace globalization and seek scientific, peaceful, harmonious and

coordinated development at home.

Following are some major events of the past 30 years:



December, 1978 -- The Third Plenary Session of the

11th CPC Central Committee was held in Beijing. The meeting made the important

decision to restore order by turning away from chaotic class struggle and focus

on China's economic construction and opening up.

The meeting established the collective leadership of

the CPC Central Committee, with Deng Xiaoping as the core, and it restored the

CPC's traditions -- including seeking truth from facts.

July, 1979 -- Four pilot Special Economic Zones (SEZ)

in the coastal provinces of Fujian and Guangdong were set up.

The SEZs -- Shenzhen, Zhuhai, Shantou and Xiamen --

enjoyed favorable policies and flexible measures on foreign economic activities

and became China's window to accumulate economic and legal experience through

contacts with foreign countries.

January, 1982 -- The central government approved the

practice of the Household Contract Responsibility System, which links personal

income to an individual's contribution and hence stimulates farmers' initiative.

The system was a milestone in releasing productive forces in the vast rural

hinterland.

October, 1984 -- The central government decided to

further revive the domestic economy and uphold the opening-up policy. It urged

efforts to create conditions for breaking up the planned economic system.

December, 1986 -- State-owned enterprise reform

began. Trial leasing and contract operations were encouraged and various forms

of management responsibility in enterprises were adopted.

These were major steps to stimulate enterprises'

internal reform to meet competition, and they had great significance in giving

enterprises more say over their development.

October, 1987 -- The 13th National Congress of the CPC put forward a three-stage development plan that was to run through themid-21st century and emphasized the importance of economic growth by sticking to the reform and opening-up policy -- known as the principle of "one central task, two basic points".






Early 1992 -- During a historic 1992 inspection tour

of economic zones in south China, Deng made political announcements aimed at

giving impetus to and invigorating economic reforms.

September, 1995 -- The government decided to

transform the traditional planned economy system into a socialist market

economic system and transform China's economic growth mode from "extensive" to a

"quality-oriented intensive" type.



July, 1997 -- The British colony of Hong Kong returned to

China. The world financial center enjoyed a high degree of autonomy and

maintained a highly capitalist economy under the policy of "one country, two

systems".



March, 1999 -- The private-sector economy was

confirmed as an important part of the socialist market economy.

March, 1999 -- The strategy of developing the western

region of China was proposed amid efforts to expand domestic demand and provide

a driving force for the sustainable growth of the national economy.

November, 2001 -- China formally became a member of

the World Trade Organization (WTO) after 15 years of hard work. WTO membership

ensured that China could enjoy the fruits of liberalization under the

multilateral trading system as well as stable and unconditional

most-favored-nation benefits. These rights helped Chinese commodities on the

world market.

September, 2003 -- The strategy of revitalization of

old northeast industrial bases was adopted. It focuses on systematic

innovations, technical upgrading and economic restructuring.

October, 2003 -- China successfully sent its first

astronaut, Yang Liwei, into space in the domestically made spacecraft Shenzhou

V. The feat made China the third country to independently send an astronaut into

space after Russia and the United States.

October, 2003 -- The CPC Central Committee decided to

pursue a "scientific strategy of development," which became China's national

strategy aimed at balanced and sustainable growth.

March, 2004 -- Protection of private property was

written into the Constitution amid efforts to protect citizens' property rights

and promote the rule of law.

December, 2005 -- Agricultural taxes, which existed

for 2,000 years, were abolished to reduce the financial burden on farmers.

July, 2006 -- The Qinghai-Tibet railway, one of the

world's highest-altitude rail lines, began to run between Xining in the

northwest Qinghai Province and Lhasa of the Tibet Autonomous Region.

October, 2007 -- The "Property Law" took effect. It

is a fundamental law for the protection of private property.

October, 2007 -- The 17th CPC National Congress set

out a blueprint to further reform and open up. It urged that political reform be

deepened to meet the country's development demands.

May, 2008 -- The government quickly accepted overseas

aid for relief efforts soon after a magnitude-8.0 earthquake struck southwest

Sichuan Province and the neighboring region. The move was in sharp contrast to

the practice in 1976 after the Tangshan earthquake, when the government declined

international aid.

The whole country was mobilized to relieve the

disaster, which left more than 69,000 people dead, 374,000 injured, 18,000

missing and millions homeless.

August, 2008 -- The Olympic Games were held in

Beijing as 10,500 athletes competed in 302 events in 28 sports. A record 204

National Olympic Committees participated. The Games saw 43 world records and 132

Olympic records set. Chinese athletes led the gold metal count at 51.

December, 2008 -- The Chinese mainland and Taiwan

started direct air and sea transport and postal services, the first time since

the two sides split after the civil war in 1949.






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