Everything about The Four Modernizations totally explained
The
Four Modernizations were the goals of
Deng Xiaoping’s reforms. They were first introduced by
Zhou Enlai in 1975 at the Fourth
National People's Congress in one of his last public acts. After his death and Mao’s soon thereafter, Deng Xiaoping assumed control of the party in late 1978. In December 1978 at the Third Plenum of the 11th Central Committee, Deng Xiaoping announced the official launch of the Four Modernizations, formally marking the beginning of the reform era. The Four
Modernizations were in the fields of:
The Four Modernizations were designed to make China a great economic power by the early 21st century. These reforms essentially stressed economic self-reliance. The
People's Republic of China decided to accelerate the modernization process by stepping up the volume of foreign trade by opening up its markets, especially the purchase of machinery from
Japan and
the West. By participating in such export-led growth, China was able to speed up its economic development through foreign investment, a more open market, access to advanced technologies, and management experience.
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