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The industrialization of China refers to the process of China undergoing various stages of industrialization and technological revolutions.The focus is on the period after the founding of the People's Republic of China where China experienced its most notable transformation from a largely agrarian country to an industrialized powerhouse.
China's state-led industrialization in the early 1950s was heavily influenced by the Soviet experience. [1]: 154 During China's First Five-Year Period (1953–1957), industrial development was the primary goal.
When the Chinese Communist Party (CCP) came to power in 1949, its leaders' fundamental long-range goals were to transform China into a modern, powerful, socialist nation. In economic terms these objectives meant industrialization, improvement of living standards, narrowing of income differences, and production of modern military equipment.
In the late 1950s, China's socio-political landscape experienced significant rural reforms and the aftermath of previous policies aimed at collectivization rather than individualism. [17] Before the Great Leap Forward, the Chinese government initiated land reforms that redistributed land from landlords to peasants, but these reforms still ...
China has increased trade and investment ties with many African countries such as Chad, the Sudan, and the Democratic Republic of Congo, partly to secure strategic natural resources such as oil and minerals. [citation needed] The UK is the second biggest investor in China and to note the biggest in America. [10] [failed verification]
GDP per capita in China (1913–1950) After the fall of the Qing dynasty in 1912, China underwent a period of instability and disrupted economic activity. During the Nanjing decade (1927–1937), China advanced in a number of industrial sectors, in particular those related to the military, in an effort to catch up with the west and prepare for war with Japan.
United Nations forces entered the war on side of the South, and American General Douglas MacArthur, having forced a Communist retreat, proposed to end the war by Christmas 1950. The Soviet Union and China saw a UN (and consequently, American) victory as a major political victory to the United States, a prospect seen as dangerous in the ...
Haddad, John R. America's First Adventure in China: Trade, Treaties, Opium, and Salvation (2013) covers 1784 to 1868. Isaacs, Harold R. Scratches on Our Minds: American Images of China and India (1958) online; Johnson, Kendall A. The New Middle Kingdom: China and the Early American Romance of Free Trade (Johns Hopkins University Press, 2017).