China's Economic History Timeline

Main

China started using paper money(1100)

1100

China's economy expanded immensely(1368-1800)

1368 - 1800

China's economy was unstable(1912)

jan 1, 1912

Collapse of Republic of China(1945)

1945

"Great Leap Forward" (Chinese Famine)(1959-1961)

1959 - 1961

Agriculture First Policy was created(1961-1965)

1961 - 1965

Open Door Policy is created(1977)

1977

Household Responsibility System(1979)

1979

Excessive economic growth and out of control inflation to 18.5%(1988)

1988

Stock Market opened in Shanghai and Shenzhen(1989)

1989

A socialist market economy is created(1992)

1992

Overheating of the economy: 17% Inflation rate. (1995)

1995

Slow-down of the Chinese economy(1998-1999)

1998 - 1999

China becomes a member of the World Trade Organization(2001)

2001

China is now the largest automobile market in the world(2001)

2009