China's economic liberalization

This book presents an analysis of the latest development taking place in China's Economic Liberalization and reform process. It examines the economic planning Mao Zedong, especially, during "Great leap Forward" and "Cultural Revolution" period and the role played by the "Gang of Four".

The Book is intended to discuss the strategic shift in modernization and Liberalization strategy following the Third Plenum of XIth CPC decision of socialist modernization. Deng Xiaoping's China finds itself at a historic stage of creating a new situation in major fields of economic liberalization, so as to speed up its constructing understanding. In order to catch up with the "Four Asian Tigers and simultaneously compete in the international market, China reviewed its policies and established SEZ's and its success to attract foreign investment and to establish an export oriented economy. China has established coastal economic zones and free trade areas among, 14 coastal cities which were declared 'as open cities' for foreign investment.