China's 40-Year Economic Transformation Journey

Source: How China got rich: a deep dive into China’s 40-year history of economic transformation (2025-06-19)

China's remarkable economic rise over the past four decades has transformed it from a largely agrarian society into a global manufacturing and technological powerhouse. This transformation was driven by a series of strategic reforms starting in 1978, including opening up to foreign investment, decentralizing economic control, and embracing market-oriented policies, which spurred rapid growth and development. The article highlights how these reforms fostered innovation, improved infrastructure, and expanded the middle class, positioning China as a key player in the global economy. Despite challenges such as income inequality and environmental concerns, China's economic model has evolved to sustain growth, emphasizing technological advancement and domestic consumption, shaping its future trajectory on the world stage.

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