On October 1, 1949 a grand ceremony was witnessed by 300,000 people in Beijing´s Tiananmen Square, and Mao Zedong, chairman of the Central People´s Government, solemnly proclaimed the founding of the People´s Republic of China (PRC).
China´s forex reserves picked up its upward trend with the progress of the reform and opening up, surpassed 10 billion USD in 1990 and exceeded 100 billion USD in 1996. By 2006, the country´s forex reserves had increased to 1.06 trillion USD, exceeding those of Japan.
Specialization, Commercialization and Socialization
Building a new hot investment spot
Implementation of special policies on foreign economic activities
Key link of China´s economic restructuring
Develop through the wind and rain
New stage of China´s opening-up
On the eve of the establishment of New China, Chairman Mao Zedong set forth some policy perception in order to formulate the foreign policy of New China.
The Second Plenary Session of the Seventh Central Committee of the Communist Party of China convened in March 1949 and the First Session of the Chinese People´s Political Consultative Conference convened in September of the same year made important decisions respectively with regard to the foreign policy of New China which provided orientation for diplomatic work after the founding of New China.
By early 21st century, China has remarkably narrowed the gap in general between its development level of high technology and the world´s advanced level. Over 60 percent of China´s technologies have approached the international advanced level, and 25 percent have greatly progressed, though still lagging behind the international advanced level.
Keywords: Literacy campaign
Keywords: Beijing´s "Vegetable Basket Project"
Keywords: National model worker
Keywords: Go to college in 1978
Keywords: Building the Great Hall of the People
Keywords: Whole collection of renminbi bills
Keywords: The earliestZhongguan-cun entre-preneurs