China 2020: Vision and Challenges II – Economic Development

When the People's Republic of China was founded in 1949, its economy was very weak, accounting for less than 1 percent of the world's GDP. In 2019, China's GDP was over 15 percent of the world's GDP, and in 2018, 175 times higher than in 1952. China is the largest trading partner of almost every country. How did China do it? What were the guiding principles and milestone events? Why is 2020 a critical year for the country's economy?

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