Political Science, asked by navya8784, 8 months ago

Explain the economic policies adopted by china for fast growth of development

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Answered by bhaveshleader

Answer:

China Economic Development Strategies

China should complete its transition to a market economy -- through enterprise, land, labor, and financial sector reforms -- strengthen its private sector, open its markets to greater competition and innovation, and ensure equality of opportunity to help achieve its goal of a new structure for economic growth.

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Answered by Anonymous

Answer:

In 1978, (shortly after the death of Chairman Mao in 1976), the Chinese government decided to break with its Soviet-style economic policies by gradually reforming the economy according to free market principles and opening up trade and investment with the West, in the hope that this would significantly increase

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