RenminbiThe renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China. It is the 5th most traded currency as of April 2022. The yuan ( or ) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao (), and the jiao is further subdivided into 10 fen (). The renminbi is issued by the People's Bank of China, the monetary authority of China.
Four Asian TigersThe Four Asian Tigers (also known as the Four Asian Dragons or Four Little Dragons in Chinese and Korean) are the developed East Asian economies of Hong Kong, Singapore, South Korea, and Taiwan. Between the early 1950s and 1990s, they underwent rapid industrialization and maintained exceptionally high growth rates of more than 7 percent a year. By the early 21st century, these economies had developed into high-income economies, specializing in areas of competitive advantage.
ShenzhenShenzhen (ˌʃɛnˈdʒɛn; ʃɛnˈʒɛn; ; AUDShenzhen pronunciation.oggshen1.zhen4) is a city and special economic zone on the east bank of the Pearl River estuary on the central coast of the southern Chinese province of Guangdong, bordering Hong Kong to the south, Dongguan to the north, and Huizhou to the northeast. With a population of 17.56 million in 2020, Shenzhen is the third most populous city by urban population in China after Shanghai and Beijing.
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.
Great Leap ForwardThe Great Leap Forward of the People's Republic of China (PRC) was an economic and social campaign led by the Chinese Communist Party (CCP) from 1958 to 1962. CCP Chairman Mao Zedong launched the campaign to reconstruct the country from an agrarian economy into an industrialized society through the formation of people's communes. Mao decreed that efforts to multiply grain yields and bring industry to the countryside should be increased.
PerestroikaPerestroika (ˌpɛrəˈstrɔɪkə; перестройка) was a political reform movement within the Communist Party of the Soviet Union (CPSU) from 1987 onward widely associated with CPSU general secretary Mikhail Gorbachev and his glasnost (meaning "transparency") policy reform. The literal meaning of perestroika is "restructuring", referring to the restructuring of the political and economic systems of the Soviet Union, in an attempt to end the Era of Stagnation. Perestroika allowed more independent actions from various ministries and introduced many market-like reforms.
HuaweiHuawei Technologies Co., Ltd. ('hwɑːweɪ ; ) is a Chinese multinational technology corporation headquartered in Shenzhen, Guangdong. It designs, develops, manufactures and sells telecommunications equipment, consumer electronics, smart devices and various rooftop solar products. The corporation was founded in 1987 by Ren Zhengfei, a former officer in the People's Liberation Army (PLA).
HukouHukou () is a system of household registration used in mainland China. The system itself is more properly called "huji" (), and has origins in ancient China; hukou is the registration of an individual in the system (kou literally means "mouth", which originates from the practise of regarding family members as "mouths to feed", similar to the phrase "per head" in English). A household registration record officially identifies a person as a permanent resident of an area and includes identifying information such as name, parents, spouse and date of birth.
One ChinaThe term One China may refer, in alphabetical order, to one of the following: The One China policy refers to a United States policy of strategic ambiguity regarding Taiwan. In a 1972 joint communiqué with the PRC, the United States "acknowledges that all Chinese on either side of the Taiwan Strait maintain there is but one China and that Taiwan is a part of China" and "does not challenge that position." It reaffirms the U.S. interest in a peaceful settlement of the Taiwan question.
FoshanFoshan (UKfou'shaen, US-sha:n), alternately romanized as Fatshan, is a prefecture-level city in central Guangdong Province, China. The entire prefecture covers and had a population of 9,498,863 as of the 2020 census. The city is part of the western side of the Pearl River Delta Economic Zone whose built-up (or metro) area was home to 65,694,622 inhabitants as of 2020 (excluding Hong Kong not conurbated yet), making it the biggest urban area of the world.
