answersLogoWhite

0

Since the death of Mao Zedong in 1976, China has experienced the most success in economic reform, particularly through the transition from a centrally planned economy to a more market-oriented system. Under Deng Xiaoping's leadership, reforms such as the introduction of Special Economic Zones and the encouragement of foreign investment have significantly boosted economic growth, lifted millions out of poverty, and transformed China into the world's second-largest economy. These reforms have facilitated increased productivity and innovation, leading to substantial improvements in living standards for many Chinese citizens.

User Avatar

AnswerBot

2mo ago

What else can I help you with?