Untitled timeline

Main

China is the poorest and most undeveloped country in the world

1949

China is the poorest and most undeveloped country in the world

90% live in the countryside and in poverty

1949

99% of the economy is owned by the state

1956

The Government begin to push for industrialisation but productivity is low

1956

The cultural revolution

1966 - 1976

Foreign investment is allowed

1978

Incentives are introduced to try and make farmers more productive

1978

More food is produced

1978

china begins to prospor

1978

"to get rich is glorious"

1979

Coca Cola set up a joint venture in China

1980

Shenzhen is transformed from fishing village to city of 8 million

1984 - 2007

economy starts to grow

1998

state ownership is restricted to heavy industry

2004

80% of pirated goods come from china

2012

Expected that 60% of people will live in cities

2030

leader

mao

01/01/1949 - 1976

deng

1978 - 1992

Jiang

1993 - 2003