Question

In which four ways did the new economic policy of china benefits its economy?

Answer 1

Answer:

jj9oiiufffrdfryyuiuuui

Answer 2

Answer:

The four ways by which the new economic policy of China benefitted its economy are:

• Privatisation of agriculture led to a remarkable rise in agriculture production and rural incomes.
• The rural industry too grew due to high personal savings in the rural economy.
• The SEZs led to a phenomenal rise in foreign trade. It made China the most important destination for Foreign Direct Investment (FDI) anywhere in the world.
• It helped in strengthening its relations with WTO in 2001 and plans to deepen its integration into the world economy.