Paths to Reform: The Case of the People's Republic of China

Timeline created by kirafrog in Business

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Event Date:	Event Title:	Event Description:
03/12/221	The Chinese Empire	The Chinese Empire was ruled by a series of dunasties for more than 2,000 years, beginning in about 221 B.C (Plan to market 1)
03/12/1949	The Communist party ruled	The Nationalist Party which ruled the republic was overthrown by the Chinese. Communist Party, led by Mao Zedong, in 1949. (Plan to market 1)
03/12/1966	Red Guard Revolution	Young Maoists led a " Red Guard Revolution" in 1966 (Plan to Market 1)
03/12/1967	Control is restored	Control was restored to some extent in 1967 ( Plan to Market 1)
03/12/1976	Mao died	Mao died in 1976 (Plan to Market 1)
03/12/1978	China's Transtion to Market Economy	China's transition to market-based economy began in 1978 (Plan to Market 1)
03/12/1981	Agriculture increases	Between 1981 and 1984, agriculture grew by about 10 percent per year. (Plan to Market 1)
03/12/1984	Reforms spread to Urban areas	By 1984 reforms had spread to urban areas. (Plan to Market 1)
03/12/1990	Small firms are responable	Small firms, many privately owned, have been responsible for much of China's economic growth since 1990 (plan to market 1)
03/12/1995	State firms accounted	In 1995, state-owned firms accounted for 40 percent of china's gross industrial output, down from 66 percent in 1985. ( Plan to Market 1)
03/12/1995	New Tax Reform	In 1995 the Chinese government insituted a tax reform program designed to raise new revenue to address future problems. (Plan to Market 1)