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China transformed its economy through a series of market-oriented reforms initiated in the late 1970s under Deng Xiaoping. These reforms shifted from a centrally planned economy to a more market-driven approach, encouraging foreign investment, private entrepreneurship, and export-led growth. The establishment of Special Economic Zones (SEZs) facilitated foreign trade and investment, significantly boosting industrial output and economic growth. As a result, China's economy has become one of the largest and most dynamic in the world, lifting millions out of poverty and driving global economic change.
What else can I help you with?
Does China have an economy?
Yes, China has an economy.
What transform the stagnant economy of the south into prosperous robust economy?
cotton
Does China have a market economy?
No, china does not have a market economy!
Who controls china economy?
china can control our economy... i was in china and i was in a security economy control center and i asked a few questions... yes china can control it's economy...
What is ancient china's economy?
ancient china's economy is comunist
What was China's Economy before it was a market economy?
social economy
What type of economy is China?
market economy
What is the economy in china?
The current economy in China is the most rapidly changing economy in the world. It has a large area to farm on aswell.So whenever you go to china,go farming.
When was Center for China in the World Economy created?
Center for China in the World Economy was created in 2004.
What type of economy did China have?
China was state capitalist, and is now a mixture of state and private capitalism.
Which economy is the closest economy to us economy?
China. China's GDP is 13 trillion whereas the US' GDP is 18 trillion
What type of economy system does China have?
A market economy.
