Question

write objectives of new economic policy of china​

Answer 1

Answer:

The economic element was to orient the Indian system towards the world market. Government launched its new economic policy which has three important features such as Liberalization, Privatization and Globalization. Liberalization of the economy means to free if from direct or physical control imposed by the government.

Answer 2

Answer:

Economic Growth. China has been a remarkably successful economy since its adoption of market-oriented reforms. Real growth in gross domestic product (GDP) has averaged over 9 and a half percent per annum since 1979. China has propelled itself to become the world's second-largesteconomy within that time.