(MENAFN - NewsIn.Asia)
Colombo, April 23 (www.counterpoint.lk): The miracle of Shenzen inspired governments globally to find ways and means out of adverse situations that plague countries in terms of their economic performance, especially in the post-second world war era.
Shenzen was well-regarded the world over as the most judicious and prudent way of experimenting with fundamental economic reforms the Chinese leaders wanted to introduce to the country s economic structure.
It was more of a litmus test of how market reforms such as liberalisation of the economy works within the global economic context.
The man behind the Shenzen success story was Chairman Deng Xiaoping. The story of Shenzen began in May 1980 and spread its wings rapidly across various parts of China, making dramatic and dynamic changes in that country s economic growth story.
Posted on April 26th, 2021
Courtesy NewsIn.Asia
Colombo, April 23 (www.counterpoint.lk): The miracle of Shenzen” inspired governments globally to find ways and means out of adverse situations that plague countries in terms of their economic performance, especially in the post-second world war era.
Shenzen was well-regarded the world over as the most judicious and prudent way of experimenting with fundamental economic reforms the Chinese leaders wanted to introduce to the country’s economic structure.
It was more of a litmus test of how market reforms such as liberalisation of the economy works within the global economic context.
The man behind the Shenzen success story was Chairman Deng Xiaoping. The story of Shenzen began in May 1980 and spread its wings rapidly across various parts of China, making dramatic and dynamic changes in that country’s economic growth story.