Join our Mailing List

"On my part, I remain committed to the process of dialogue. It is my firm belief that dialogue and a willingness to look with honesty and clarity at the reality of Tibet can lead us to a viable solution."

Chronology of China's reform era

December 19, 2008

Associated Press
December 18, 2008
China celebrated the 30th anniversary of the start of economic reforms that have transformed the country into a global economic and trading power. The following chronology highlights important milestones since then.
1978: Economic, social and cultural reforms launched under Deng Xiaoping, two years after the death of Mao Zedong. GDP per capita is 381 yuan.
1979: U.S. and China establish diplomatic relations. One-child policy introduced.
1980: First special economic zone established in Shenzhen.
1982: Population surpasses 1 billion.
1986: Deng promotes "open-door" policy to encourage foreign investment.
1988: Spiraling inflation and corruption prompt limits on foreign investment and monetary flows.
1989: Students protest in Tiananmen Square to demand economic, political and social change. Hundreds believed killed in ensuing crackdown.
1990: Communist China's first stock exchange opens in Shanghai.
1992: Deng makes southern China tour to relaunch economic reforms in face of criticism from conservatives.
1994: China connects to the Internet.
1996: Chinese currency becomes convertible.
1997: Deng dies. Jiang Zemin takes over. China regains control of Hong Kong.
1998: China injects $500 billion into its faltering banking sector.
1999: Government outlaws Falun Gong.
2001: China joins the World Trade Organization.
2002: Entrepreneurs allowed to join the Communist Party.
2003: Hu Jintao replaces Jiang as president. SARS (severe acute respiratory syndrome) breaks out in China and eventually kills nearly 800 worldwide. China's first manned spacecraft orbits the earth.
2004: The United Nations estimates 1 million Chinese are infected with HIV.
2005: China becomes the world's fourth-largest economy. The government stops pegging the currency to the U.S. dollar.
2006: Three Gorges Dam and railway to Tibet are completed. China's foreign exchange reserves reach $1 trillion, becoming world's largest.
2007: China tops the world with 210 million Internet users. GDP per capita reaches 18,900 yuan ($2,760).
2008: Sichuan earthquake kills 70,000 people. Beijing hosts Olympic Games.
CTC National Office 1425 René-Lévesque Blvd West, 3rd Floor, Montréal, Québec, Canada, H3G 1T7
T: (514) 487-0665
Developed by plank