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Sources: The Library of Congress Country Studies; CIA World Factbook
    << Back to China Economy

    Reform of the urban industrial and commercial economy was formally initiated with the landmark "Decision of the Central Committee of the Chinese Communist Party on Reform of the Economic Structure" issued in October 1984. The radical changes contained in the urban program were revealed as it unfolded, and they heralded additional tensions. The urban program was accompanied by a less publicized but apparently spectacularly successful program for developing rural industry. These programs presented considerable challenges for the political system. The strain was intensified by the fact that the urban reform system was being implemented at a time when the party rectification program was extending below the central level, into all areas of society.

    Data as of July 1987

    NOTE: The information regarding China on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of China THE SECOND WAVE OF REFORM, 1984-86 information contained here. All suggestions for corrections of any errors about China THE SECOND WAVE OF REFORM, 1984-86 should be addressed to the Library of Congress and the CIA.

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Revised 10-Nov-04
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