Untitled timeline

leader

Mao

1949 - 1979

Deng

1982 - 1987

Jaing

1989 - 2002

Hu

2003 - 2012

Economy

90% live in the countryide

1949

China is the poorest and most underdeveloped country in the world.

1949

People move from the countryside to the cities

1950

90% of China's economy was owned by the state

1956

The Government begin to push for industrialisation but productivity is low

1956

By now half the population are considered poor

1956

cultural revolution

1966 - 1976

China begins to prosper after major reform

1978

Foreign investment is allowed

1978

Establishment of the 4 modernisations

1979

Mantra of “To get rich is glorious”

1979

Coca Cola set up a joint venture

1980

Special economic zones are introduced

1980

Incentives were introduced for farmers to become more efficient

1980

More opportunity for people to work in factories and small businesses

1980

More food is produced

1980

Shenzhen is transformed from fishing village to city of 8 million

1984 - 2007

Economy continues to grow

1987 - 2012

China joined the world trade organisation

2001

71% of economy is private

2003

Retail sales on China more than doubled

2005 - 2009

Safety concerns prompt need for safety measures

2007

Factories close and workers return to villages

2008 - 2012

World leader in car manufacture building 9.3 million cars,

2008

State ownership is now restricted to heavy industry

2009

China takes over Japan as the second largest economy in the world

2010

People living in cities will reach 60%

2012 - 2032

80% of pirated goods come from China

2012

State owned firms have fallen from 300,000 to 150,000.

2012