久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Concerted efforts spur nation's economic advances

By Xin Zhiming | China Daily | Updated: 2019-10-16 09:23
Share
Share - WeChat
A night view of the Canton Tower in Guangzhou, Guangdong province, on July 30, 2019. [Photo/VCG]

Planned system brought growth, set stage for later takeoff

China's remarkable economic growth can be attributed to the reform and opening-up drive launched in the late 1970s, economists say.

However, before embarking on this historic step, great efforts had been made to search for a way out of poverty and underdevelopment after the founding of the People's Republic of China in 1949.

At the time, the nation was poor and economically underdeveloped, with a vast number of people trapped in poverty. Economic output was basically stagnant from 1913 to 1950, with GDP growth averaging - 0.02 percent compared with the global average of 1.82 percent.

To shake off poverty and achieve rapid development, the newly founded PRC opted to build a centrally planned economic regulatory system.

Although the planned economy ended up throttling the vitality of labor and production and also failed to distribute resources efficiently, China nevertheless achieved much faster growth under it than before and built a relatively comprehensive industrial system that laid the foundation for its economic takeoff in the early 1980s.

From 1952 to 1978, China's annual GDP growth averaged 4.4 percent, slightly lower than the global average of 4.6 percent but much higher than the average from 1913 to 1950.

Cai Fang, economist and deputy head of the Chinese Academy of Social Sciences, said, "While accomplishing historic development achievements in the first 30 years after the founding of the People's Republic, China ignored the role of objective economic law and used central planning to replace a market mechanism, leading to such problems as a lack of incentive mechanisms for production and labor, low efficiency of resource distribution and an unbalanced structure of the national economy."

By the end of the 1970s, after the "cultural revolution" (1966-76), the economy had been pushed to the brink of collapse and people's livelihoods had been seriously affected, Cai said.

1 2 3 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久久久综合一本久道 | 国产精品一区亚洲一区天堂 | 久色免费视频 | 国产成人精品午夜视频' | 18videosex性欧美69| 一级全黄视频 | 美女福利视频国产片 | 国产一区二区三区在线观看精品 | 国产亚洲高清不卡在线观看 | 国产网站免费视频 | 亚洲欧美日韩在线精品一区二区 | 亚洲国产一区在线二区三区 | 免费在线精品视频 | 欧美一级α片毛片免费观看 | xxxwww欧美| 永久免费91桃色福利 | 亚洲欧美在线观看 | 国内自拍在线视频高清 | 国产人妖xxxx做受视频 | 亚洲自拍中文 | www.xxxx欧美| 一级片视频免费观看 | 日韩精品一级a毛片 | 国产成人免费网站在线观看 | 亚洲成人综合网站 | 美女黄色影院 | 久久精品中文字幕不卡一二区 | 国产欧美在线不卡 | 一区二区三区四区五区六区 | 亚洲视频免费看 | 精品久久国产老人久久综合 | 精品性久久 | 亚洲天堂影院在线观看 | 精品自拍一区 | 国产免费久久精品久久久 | 亚洲国产一区二区三区在线观看 | 久久这里一区二区精品 | 国产精品拍拍拍福利在线观看 | 成人小视频在线观看 | 毛片激情永久免费 | 草草影院第一页yycccom |