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The Four Modernizations (simplified Chinese: 四个现代化; traditional Chinese: 四個現代化) were goals formally announced by China's first Premier Zhou Enlai to strengthen the fields of agriculture, industry, defense, and science and technology in China.
The goals of Deng's reforms were summed up by the Four Modernizations: the modernization of agriculture, industry, science and technology, as well as the military. The strategy for achieving these aims, all of which were designed to help China become a modern, industrial nation, was "socialism with Chinese characteristics".
In 1979, Deng emphasized the goal of "Four Modernizations" and further proposed the idea of "xiaokang", or "moderately prosperous society". [89] [90] Deng laid emphasis on light industry as a stepping stone to the development of heavy industries.
In December 1979, Deng Xiaoping, then paramount leader of China, first proposed the idea of "Xiaokang" based on the "Four Modernizations". [ 1 ] [ 2 ] [ 3 ] The term is best known in recent years through its use by Hu Jintao , General Secretary of the Chinese Communist Party between 2002 and 2012, when referring to economic policies intended to ...
Some scholars argue that there are the same or very similar statements of the "four comprehensives" in Deng Xiaoping Theory. [3] The term "moderately prosperous society" dated back to 1979, when Chinese leader Deng Xiaoping said to visiting Japanese Prime Minister Masayoshi Ōhira that "Xiaokang society was the goal of Chinese modernization". [4]
Taiwan's government has opened an investigation into four companies named in a media report as conducting business with firms linked to U.S.-sanctioned Huawei in China, and is considering tighter ...
(Reuters) -WeRide's shares rose 19% in their Nasdaq debut on Friday, after the self-driving startup raised $440.5 million in its IPO and private placement, becoming the latest Chinese firm to ...
Image source: The Motley Fool. Chipotle Mexican Grill (NYSE: CMG) Q4 2024 Earnings Call Feb 04, 2025, 4:30 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants