“All you have done is to push for the return of the civilian regime in these countries as soon as possible. Now that these countries have walked out of
When former leader, Deng Xiaoping announced a reform and opening-up programme in 1978, on the back of a tumultuous Cultural Revolution, China was one of the poorest countries in the world, poorer even than most sub-Saharan African countries.
Over the 40 years of the project, over 800 million people were provided with sustainable livelihoods and homes. By December 2020, 832 national-level counties have an increased purchasing power of above 4.2 LCU in 2019.
As of November 2020, disposable income for rural dwellers in China was ¥27, 540 which is $2, 463.55, while that of urban dwellers is ¥64, 084 which is about $9, 868.34.
Having attracted investment in virtually all areas of the economy, from physical infrastructure to the digital, to the marine and outer space, China operates in the big league.