China economic timeline

Main

90% of Chinese people lived in the contyside and were in poverty

01/01/1949 - 01/02/1949

China is the poorest and most undeveloped country in the world

02/01/1949 - 02/02/1949

99% of economy owned by state

01/01/1956 - 01/02/1956

Government tried to push for industrialisation but productivity was very low

01/01/1956 - 01/02/1956

China begins to prosper

01/01/1978 - 01/02/1978

Reform to allow forein investment

01/01/1978 - 01/02/1978

Special Economic Zones created to encourage factory production

1984 - 2007

80% of pirated goods come from China

11/01/2012 - 11/30/2012

Leaders

Jeng

1993 - 12/31/2003

Hu Jintao rules

2004 - 2012