Reform and opening-up is the keyword of China’s modern development.
China has been carrying out reform and opening-up for over 30 years. This period saw world-shaking changes in China, and also the full integration of China with the rest of the world.
China’s cause of reform and opening-up is not only a splendid epic of constantly striving to become stronger and going forward tenac
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1978
National Science Conference held
Discussion on distribution according to work
Great discussion on the issue of the criteria of truth
Resumption of the college entrance examination
Farmers in Xiaogang Village fixed responsibilities for each household
Starting Chinas housing reform
Deng Xiaoping's north talks
Third Plenary Session of the Eleventh Central Committee of the Communist Party of China held
Expanding enterprise autonomy
China and the United States announced the establishment of diplomatic relations
1979
Deng Xiaoping's Visit to the United States
Resumption of domestic insurance business
Conference for discussing principles of theoretical work
Putting forward the policy of "adjustment, reform, reorganization and improvement"
Establishing spe economic zones
Enterprise management system reform
Making great efforts to support township and village enterprises
1980
Redressing cases involving unjust
Xiangyang people's commune in Guanghan County, Sichuan Province revoked
On the Reform of the System of Party and State Leadership by Deng Xiaoping
The beginning of fiscal system reform
1981
Issuing treasury bills for the first time
Sixth Plenary Session of the Eleventh Central Committee of the Communist Party of
China adopted Resolution on Certain Questions in the History of Our Party Since the Founding of the
People's Republic of China
Shashi City: Chinas first pilot project of comprehensive urban economic restructuring
First macro-control
"EEC-China Trade Week"
1982
Family contract responsibility system with remuneration linked to output and first
No. 1 document on rural work
"One country, two systems"
Mogan Mountain conference held
The first reform of government departments after the beginning of reform and Opening-up.
Negotiations on the Hong Kong question
Twelfth National Congress of the CPC held
1983
Second No. 1 document of the CPC Central Committee issued
Trying out the labor contract system, breaking "iron rice bowls"
First national conference on ideological work for workers held
State-owned enterprises' trials of replacement of profit delivery by taxes
Offi establishment of the state's central bank system
Separating the functions of communes and the government and
establishing township governments
1984
14 coastal port cities opened up
China's first joint-stock company established
3rd Plenary Session of the 12th cPC Central Committee held,ushering in comprehensive reform of the economic system
1985
Bashan Cruise Conference
Publishing of Decision of the Central Committee of the Communist Party of China on
Scientific and Technological System Reform
Indicating the beginning of educational system reform
"Spark Plan"
1986
A major step to reform the management of state-owned enterprises
Enterprise declared bankrupt for the first time
Price control further relaxed, allowing the market to play a fundamental role in
allocation of resources
1987
The Opening of the 13th National Congress of the Communist Party of China
Putting forward the "Three-step" Strategic Objectives
Establishing the Operation Mechanism of"Regulation of the Market by the State and Guidance of Enterprises by the Market"
Individual Income Regulation Tax
The township Enterprises had become the Main Force of the Rural Economy
The Offi Signing of The Sino-Portuguese Joint Declaration
1988
Launch of the reform of the urban housing system
Actively Participating in "Greater International Circulation"
A legal status for the private sector of the economy
A provinly-run spe economic zone in Hainan
The second government institutional restructuring
Carrying out Improvement and Rectification, Deepening Reform
The first state-level new and hi-tech industrial development zone
1989
Economists from both Sides of the Taiwan Straits Held a "Secret Symposium"
Gorbachev visiting China
Putting down the political disturbance in 1989
Convening of the Fourth Plenary Session of the 13th CPC Central Committee
Deng Xiaoping resigned Chairman of Central Military Commission
1990
Approval of The Basic Law of the Hong Kong Spe Administrative Region of the People's Republic of China
Development and Opening-Up of Pudong
Clearing "chain debt"
Founding of Shanghai Stock Exchange
1991
Great Dispute over Soism and Capitalism
Ten- Year Layout for National Economy and So Development and Eighth Five-Year Plan (draft) of the People's Republic of China
Shenzhen Stock Exchange opened
The State Council issued the Decision on the Reform of the Old-age
Insurance System for Employees of Enterprises
The Association for Relations across the Taiwan Straits was established
1992
South Tour Speech of Deng Xiaoping
Planned prices gradually replaced by market price
The Fourteenth National Congress of the Communist Party of China held
China Securities Regulatory Commission established
1993
The basic framework of soist market economy system was established
Restructuring of government administration for the third time to establish
the system of adnistrative control adapted to soist market
Temporary Regulation of Civil Servants
The State Council released the Decision on Reform of the Finan System
Food coupons retired from the stage of history
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