deng xiaoping terms china

Reform and opening

Economic liberalization policy, starting in late 1970

Special economic zone

Enclaves established since 1979 by Chinese government that offered tax break and other incentives to lure foreign investment

Household responsibility system

Highly successful 1980 rural reform program that lowered production quota and allowed the sale or surplus agricultural produce on free market

Floating population

China roughly 300million itinerant peasants who have been leaving the countryside to seek urban employment since 1990

Tiananmen square protests

Historic plaza in Beijing where Chinese party state crushed the 1989 pre reform

One country, two systems

a constitutional principle of the People's Republic of China (PRC) describing the governance of the special administrative regions of Hong Kong and Macau