Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：26  发布时间：2025-10-05

In September, the Twelfth Congress of the CPC opened. The most important political topic at the meeting was to determine the national strategy of "building socialism with Chinese characteristics". Deng Xiaoping delivered a speech at the opening ceremony of the 12th National Congress of the Communist Party of China, proposing for the first time to "combine the universal truth of Marxism with the specific realities of our country, follow our own path, and build socialism with Chinese characteristics. This is the basic conclusion we have drawn from our long-term historical experience." In other words, China has made up its mind to abandon the highly centralized "Soviet planned economy model" and begin economic system reform with "planned economy as the mainstay and market regulation as the supplement. ①

Related to this strategy, Hu Yaobang, who was elected as the General Secretary of the Communist Party of China at the meeting, clearly put forward the goal of economic development, "striving to double the total industrial and agricultural output value of the country by the end of this century". Compared to the romantic blueprint proposed at the National Science Conference in 1978, this goal is clearly much more pragmatic and executable. It has inspired everyone in this country for a considerable period of time, and it has given the whole nation a vague hope. The fact of future development is that by 1995, the national GDP had doubled five years earlier than in 1980.