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HISTORY of CHINASess 8 dtd 21.1.15
1
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REVIEWBetween 1861-1895, during the Qing dynasty,
________ ________ Movement was administeredby scholar-generals to adot moderninstitutions, develo basic industries,communications, transortation ! moderni"e the
military based on western technology #• Self-Strengthening Movement
$n %ebruary 1&, _____, the last _________ emeror,
the child 'uyi had to relin(uish his throne#• 1912, Manchu
*he sring o+ 191& saw the birth o+ the new _______ __________ #
• Chinese repu!i"
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REVIEW
n ugust 191& a new olitical arty was
+ounded by .ong /iaoren 0188&-1912# *hearty was the 3ationalist 'arty or ____________
•
Guomindang (Kuomintang) or KMT .*he other arty was the _____ _______ ______
established in .hanghai in /uly 19&1#
•
Chinese Communist art! (CC )• *he 4M* ed to _______on _______ when Mao
edong roclaimed the 'eole7s eublic o+hina#
• Tai"an, 1 #ct 19$9
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REVIEW
$n May :, 1919, there were massive
student demonstrations against thegovernment called _____ _______ Re#o!ution.
• Ma! %ourth
;uring the May %ourth revolution and social
change therea+ter, _____ _______ came tooccuy a critical lace in the story o+ thecountry7s resurgence#
• Mao &edong
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REVIEWMao edong was born on ;ec# &6 189 in .haoshan,
_______ rovince and died on .et# 9, 19
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REVIEW%rom 1958-6E, in an attemt aimed to introduce
a more FhineseF +orm o+ communism, massmobilisation o+ labour to imrove agricultural! industrial roduction, Mao launched the ______ ______ ________#
• $re%t &e%p 'or(%rdBetween 1966-
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REVIEW
• $ne o+ the chie+ oonents o+ Mao7s
olicies during H*he ultural evolutionIwas a moderate ______ _______#
• eng iao.ing
;eng Jiaoing 0&& ug 19E: - 19 %eb199
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REVIEW
;eng Jiaoing was the son o+ a landowner,
who studied in _______ 019&EK&:2 ! the _____ ______ 019&5K&62#
• %rance, Soviet /nion
;eng Jiaoing oerated throughconsensus, _______ and _________#
• com.romise, .ersuasion0
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)eop!e*s Repu!i" of Chin%
+en, -i%opin,
• ?is most imortant social re+orm wasthe one-child .olic! introduced in199 to alleviate social, economic !
environmental roblems in hina#• ?e decentrali"ed economic
management#• hina7s +armers were given
individual control and resonsibility+or their roduction ! roLts, a olicy
that resulted in greatly increased 9
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)eop!e*s Repu!i" of Chin%
;eng Jiaoing called +or re+orms in
every art o+ hinese society#e+orms began in 19
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The %our Moderni3ations (199-52)
)o!iti"%! E"onoi" So"i%! 3
Cu!tur%! re+orms stressed ndividual resonsibility in the
maing o+ economic decisions#
Material incentives as the reward +orindustry ! initiative#%ormation o+ cadres o+ silled, well-
educated technicians ! managers tosearhead hina7s develoment#%reedom o+ many industrial
enter rises +rom the control ! e#11
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+en, -i%opin,
Gave +actory managers the authorityto determine roduction levels andto ursue roLts +or their
enterrises#.trengthened hina7s trade !
cultural ties with the Nest andoened u hinese enterrises to+oreign investment#
;esite ;engFs death in 199
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Chinese E"onoi" Refors 416 on(%rds19
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Refors in !%st /< de"%des
Openin, tr%de to the outside
world#nstituting HContr%"t
Responsii!ities Sste= in
agriculture, by which +armers couldsell their cros in the maret#
.tate monooly gave way to pri#%teusiness 3 forei,n "%pit%!.
By the end o+ the 198Es hina had
almost solved its food short%,e e#1:
f i ! d d
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.@ set-u in Jiamen 0%u=ian2#
@ntire rovince o+ ?ainan declared.@#
.hanghai 'udong "one became thedragonhead o+ the hinese economy#
n 198:, 1: coastal cities oened to
overseas investment 0;alian,Qinhuangdao, *ian=in, Oantai,Qingdao, Dianyungang, 3antong,.han hai, 3in bo, Nen"hou, e#15
Refors in !%st /< de"%des
f i ! d d
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.tate monooly gave way to pri#%teusiness 3 forei,n "%pit%!.
losing unroLtable enterrises
;ealing with insolvency in thebaning system#
1n 1989, sto"; %r;ets opened in.hanghai ! .hen"hen#
n &EE1, hina becomes member o+
N*$# e#16
Refors in !%st /< de"%des
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Sour"ehttPPuload#wiimedia#orgPwiiediaPcommonsPbPbP'rc195&-&EE5gd#gi+
R f i ! t / d d
http://upload.wikimedia.org/wikipedia/commons/b/b3/Prc1952-2005gdp.gifhttp://upload.wikimedia.org/wikipedia/commons/b/b3/Prc1952-2005gdp.gif
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By start o+ &1st century, hina
increased +ocus on ga between therich and the oor#
e#18
Refors in !%st /< de"%des
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Chinese Entrepreneurs
Chinese entrepreneurs "oe fro
four ;inds of enterprises.
1. St%te?o(ned enterprises
@SOE*s- entrereneurs aredesignated by Govt# *hey are notshareholders but receive a salary
deending on their er+ormance#
Many elite who have studied in@uroe ! >#.# hold imortant
-e#19
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Chinese Entrepreneurs
2. St%te?o(ned "op%nies
"on#erted to Sto"; "op%nies -@nterrises with some ercentage
o+ shares retained by the Govt# *he
leaders who manage theseenterrises usually ossess someshares#
/# )ri#%te usiness - maret-oriented enterrises#
0. 'orei,n fund enterprise - e#&E
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HISTORY of CHINASess 11 dtd 28.1.15
&1
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REVIEW;eng Jiaoing7s most imortant social re+orm was the _____ _______ policy introduced in ______ to alleviate
social, economic ! environmental roblems in hina#• One?"hi!dB 16
Between 19
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REVIEW*he goal o+ ;eng Jiaoing7s economic re+orms
was stated very clearly as H *o generatesucient _______ value to Lnance the _____________ o+ the hinese economy#
• Surp!usB oderni:%tion
%rom 19
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REVIEWhina7s Lrst .@7s were set-u in .hen"hen,
huhai ! .hantou in ___________ 'rovince in198E#
• $u%n,don,
3eAt .@ was set-u in Jiamen in _______ rovince#
• 'ui%n
3eAt the entire rovince o+ ________ was declared.@#
• H%in%n_________ __________ "one became the dragonhead
o+ the hinese economy#
•
Sh%n,h%i )udon,
REVIEW
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REVIEWn 198:, ____coastal cities oened to
overseas investment#• 10
.toc marets oened in .hanghai !
.hen"hen in _____#• 18
hina becomes member o+ N*$ in ______#
• 2DD1
REVIEW
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REVIEW %our inds o+ enterrises in hina
1. St%te?o(ned enterprises @SOE*s2. St%te?o(ned "op%nies "on#erted
to Sto";
/.)ri#%te usiness0. 'orei,n fund enterprise
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httPPen#wiiedia#orgPwiiP.ecial_@conomic_ones_o+_the_'eoleFs_eubli
Rur%! e"onoi" oo in 18Ds
http://en.wikipedia.org/wiki/Special_Economic_Zones_of_the_People's_Republic_of_Chinahttp://en.wikipedia.org/wiki/Special_Economic_Zones_of_the_People's_Republic_of_China
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Rur%! e"onoi" oo in 18Ds
• *he hina miracle started in the
198Es#
• Diberal ! rogressive olicies o+ the
198Es laid the +oundation +or thehina miracle - i#e# raid overtyreduction ! +ast income growth#
• Nhile hina came to world attentionas an economic ower only in the199EsR the real miracle in hineseeconomic histor started with the e#&8
Rur%! e"onoi" oo in 18Ds
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Rur%! e"onoi" oo in 18Ds
• n the 198Es, small and oor rural
entrereneurs started businesses easily
oerated their stalls in urban areas with
+reedomaccessed ban credits and
had growing conLdence in the security
o+ their assets#• %inancial liberali"ation and some
rivati"ation was introduced#e#&9
Rur%! e"onoi" oo in 18Ds
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Rur%! e"onoi" oo in 18Ds
• 'rivate entrereneurshi was
develoing most vibrantly in theoorest and the most agriculturalregions o+ the country#
• @ntrereneurshi o+ the 198Es waseAclusively a rural henomenonbecause hina was a redominantly
rural society, with 8ES o+ oulationliving in the rural areas#
• 'rivate entrereneurshi had a hugee#E
Rur%! e"onoi" oo in 18Ds
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Rur%! e"onoi" oo in 18Ds
Globali"ation was the story o+ hina7s
miracle in 199Es but rural re+ormswas the miracle o+ the 198Es#
1. A,ri"u!tur%! su""ess - was the
result o+ Househo!d Contr%"tResponsii!it Sste#
2. Rur%! industri%!i:%tion ? was theresult o+ To(nship %nd Vi!!%,eEnterprises 0*C@2, ma=ority o+
which was rural ! rivate in nature#e#1
Rur%! e"onoi" oo in 18Ds
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Rur%! e"onoi" oo in 18Ds
Househo!d Responsii!it sste
• ractice, Lrst adotedin agriculture in 1981#
• Dater eAtended to other sectors o+the economy#
• Docal managers were made
resonsible +or the roLts ! losses o+an enterrise#
• t relaced the egalitarian
distribution method, wherein thee#&
Rur%! e"onoi" oo in 18Ds
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Rur%! e"onoi" oo in 18Ds
Househo!d Responsii!it sste
• n Mao7s era, +armers were given a(uota o+ goods to roduce by thegovernment#
• *hey received comensation +ormeeting the (uota#
•
'roducing beyond the (uota did notlead to higher economic reward#
• n early 198Es, +armers were given
drastically reduced (uotas#e#
Rur%! e"onoi" oo in 18Ds
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Rur%! e"onoi" oo in 18Ds
Househo!d Responsii!it sste
• Nhatever +ood they grew beyond the(uota was sold in the +ree maret atunregulated rices#
• %armland was still owned by the
Govt# but roduction ! managementwas given to individual +arminghouseholds through !on,?ter
"ontr%"ts.e#:
Rur%! e"onoi" oo in 18Ds
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Rur%! e"onoi" oo in 18Ds
Househo!d Responsii!it sste
• ;uring the contract eriod, the+armers aid taAes to the state,collective reserves to the local
governments and et all the otherroduce +or themselves#
•
*his system became an instantsuccess#
• Dead to largest increasesin standard-o+-livin +or such a lar e
e#5
)rodu"tion of (he%t in etri" tons
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)rodu"tion of (he%t in etri" tons1F1 ? 2DD0
Sour"e 7 httPPen#wiiedia#orgPwiiPhinese_economic_re+orm
Rur%! e"onoi" oo in 18Ds
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To(nship %nd Vi!!%,e Enterprise
@TVE• *he term Lrst used in March 1, 198:#
• t relaced the revious term,Hcommune and brigade enterrise#I
• *he Hcommune and brigade
enterrise,I was used to re+er to thecollective rural Lrms +rom the GreatDea %orward era#
•
*he new term was necessarye#<
Rur%! e"onoi" oo in 18Ds
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To(nship %nd Vi!!%,e Enterprise
@TVE• *C@s were enterrises sonsored by
townshis and villages, an alliance
enterrise +ormed by easants !individual enterrises#
• large number o+ rivate businessesentered into hina7s rural cororate
landscae and starting giving7e#8
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Rur%! e"onoi" oo in 18Ds
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• hinese easants eAerienced the
most raid income gains in history#• 'er caita rural income between
19rbanPrural urchase o+
consumer goods was 1E 1 in 19
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• eal rural er caita consumtion
increased by 51S between 19
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• n Bei=ing, the nternational ?otel and
the Ban o+ hina buildings wereawarded to a rural constructioncomany based in ?enan rovince#
• n the 199Es there was larger scaleo+ rural labor migration to urban
cities#
e#:&
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Rur%! e"onoi" oo in 18Ds
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• s industry develoed, hinarogressed +rom an agrarian societyto industrial ! service society#
In 2D1/7 griculture - T
–1ES
ndustry - T – ::S.ervices - T
– :6Se#::
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*he@nd