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The economic history of China describes the changes and developments in China's economy from the founding of the People's Republic of China (PRC) in 1949 to the present day. The speed of China's transformation in this period from one of the poorest countries to one of the world's largest economies is unmatched in history. [1]: 11.
GDP per capita in China (1913–1950) After the fall of the Qing dynasty in 1912, China underwent a period of instability and disrupted economic activity. During the Nanjing decade (1927–1937), China advanced in a number of industrial sectors, in particular those related to the military, in an effort to catch up with the west and prepare for war with Japan.
e. The Republic of China (ROC) began as a sovereign state in mainland China [f] on 1 January 1912 following the 1911 Revolution, which overthrew the Manchu -led Qing dynasty and ended China's imperial history. From 1927, the Kuomintang (KMT) reunified the country and ruled it as a one-party state ("Dang Guo") and made Nanjing the national capital.
China, for the last two millennia, was one of the world's largest and most advanced economies. [1][2][3] Economic historians usually divide China's history into three periods: the pre-imperial era before the rise of the Qin; the early imperial era from the Qin to the rise of the Song (221 BCE to 960 CE); and the late imperial era, from the Song ...
The history of the People's Republic of China details the history of mainland China since 1 October 1949, when CCP chairman Mao Zedong proclaimed the People's Republic of China (PRC) from atop Tiananmen, after a near complete victory (1949) by the Chinese Communist Party (CCP) in the Chinese Civil War. The PRC is the most recent political ...
China's economy in 1976 was three times its 1949 size (but the size of the Chinese economy in 1949 was one-tenth of the size of the economy in 1936), and whilst Mao-era China acquired some of the attributes of a superpower such as: nuclear weapons and a space programme; the nation was still quite poor and backwards compared to the Soviet Union ...
The history of China spans several millennia across a wide geographical area. Each region now considered part of the Chinese world has experienced periods of unity, fracture, prosperity, and strife. Chinese civilization first emerged in the Yellow River valley, which along with the Yangtze basin constitutes the geographic core of the Chinese ...
The Chinese Communist Revolution was a social revolution in China that began in 1927 and culminated with the proclamation of the People's Republic of China (PRC) in 1949. The revolution was led by the Chinese Communist Party (CCP), which afterwards became the ruling party of China. The revolution resulted in major social changes within China ...