China SeminarBoulder, Colorado 2010

David LamptonJohn Hopkins University

Version 2

1976-Death of Mao Zedong

Mao’s Mausoleum in Beijing, China.

Gang of Four Gang of Four were arrested in

1976

The so-called Gang of Four is led by Chairman Mao's widow Jian Qing, and includes Wang Hongwen, Yao Wenyuan, and Zhang Chunqiao.

Mao Zedong

Policies failed!China was economically and politically weak and crippled after the rule of Mao Zedong.

Mao Zedong died in 1976 and the Chinese communist party chose a new leader-Deng Xiaoping

To Get Rich is

Glorious!

Deng stresses Economic Reforms

Individuals should be allowed to open their own business.

Private enterprises reappeared.

Chinese could own their own land or open a business for profit

Schools would reopen.

Opens to the west!

How did Deng reform China’s Economic System?

Deng Xiaoping Capitalism in China?

Deng established Special Economic Zones.

Special Economic Zones?

Areas of rapid economic growth by using tax & business incentives to attract foreign investment & technology.

Special tax breaks for investments- including foreign investments- McDonalds, General Motors and many others companies in China today.

Free markets- people can open business not just the government.

1980- -1984- focus on Fujian & Guangdong Provinces.

Shenzhen one of the first Special Economic ZonesClick on title to go to video clip

Deng open’s relations with the west!

American & Foreign business in China.