The article deals with economic policy changes after the death of Mao Zedong, the rapid economic growth from 1981 to 1984, the return to more rational methods of management, the peasants' labour activity and efficiency sharply enhanced by direct material incentives etc. The already slow process...

The Chinese leadership has announced and is pursuing an "open foreign economic policy" and as an important component of this policy special economic zones (SEZ) were formed in the late 1970s and early 1980s in Shenzhen, Zhuhai, Shantou and Xiamen. In recent years "special" powers to develop...