Chinese economic reformThe Chinese economic reform or Chinese economic miracle, also known domestically as Reform and Opening-up (), refers to a variety of economic reforms termed "socialism with Chinese characteristics" and "socialist market economy" in the People's Republic of China (PRC) that began in the late 20th century. Guided by Deng Xiaoping, who is often credited as the "General Architect", the reforms were launched by reformists within the ruling Chinese Communist Party (CCP) on December 18, 1978, during the "Boluan Fanzheng" period.
Economy of ChinaChina has an upper middle income developing mixed socialist market economy that incorporates industrial policies and strategic five-year plans. It is the world's second largest economy by nominal GDP, behind the United States, and the world's largest economy since 2016 when measured by purchasing power parity (PPP). Due to a volatile currency exchange rate, China's GDP as measured in dollars fluctuates sharply. China accounted for 18.6% of global economy in 2022 in PPP terms, and around 18% in nominal terms in 2022.
Hua GuofengHua Guofeng (hwɑː; born Su Zhu; 16 February 1921 – 20 August 2008), was a Chinese politician who served as Chairman of the Chinese Communist Party and Premier of the People's Republic of China. The designated successor of Mao Zedong, Hua held the top offices of the government, party, and the military after the deaths of Mao and Premier Zhou Enlai, but was gradually forced out of supreme power by a coalition of party leaders between December 1978 and June 1981, and subsequently retreated from the political limelight, though still remaining a member of the Central Committee until 2002.
Jiang ZeminJiang Zemin (17 August 1926 – 30 November 2022) was a Chinese politician who served as general secretary of the Chinese Communist Party (CCP) from 1989 to 2002, as chairman of the Central Military Commission from 1989 to 2004, and as president of China from 1993 to 2003. Jiang was the 3rd paramount leader of China from 1989 to 2002. He was the core leader of the third generation of Chinese leadership, one of four core leaders alongside Mao Zedong, Deng Xiaoping and Xi Jinping.
Deng XiaopingDeng Xiaoping (22 August 1904 – 19 February 1997) was a Chinese revolutionary and statesman who served as the paramount leader of the People's Republic of China (PRC) from December 1978 to November 1989. After Chinese Communist Party chairman Mao Zedong's death in 1976, Deng gradually rose to supreme power and led China through a series of far-reaching market-economy reforms earning him the reputation as the "Architect of Modern China".
People's Liberation ArmyThe People's Liberation Army (PLA) is the principal military force of the People's Republic of China and the armed wing of the Chinese Communist Party (CCP). The PLA consists of five service branches: the Ground Force, Navy, Air Force, Rocket Force, and Strategic Support Force. It is under the leadership of the Central Military Commission (CMC) with its chairman as commander-in-chief.
Cultural RevolutionThe Cultural Revolution, formally known as the Great Proletarian Cultural Revolution, was a sociopolitical movement in the People's Republic of China (PRC) launched by Mao Zedong in 1966, and lasting until his death in 1976. Its stated goal was to preserve Chinese communism by purging remnants of capitalist and traditional elements from Chinese society.
