Important Events in Chinese History, 1949 - 2014 By 22minnis22 Jan 1, 1949 People's Republic of China is created Jan 1, 1953 China's first Five Year Plan is put into place. Period: Jan 1, 1953 to Jan 1, 1957 China's first 5 Year Plan. Jan 1, 1958 The Great Leap Forward begins Period: Jan 1, 1958 to Jan 1, 1960 The Great Leap Forward Jan 1, 1964 China tests first nuclear bomb. Jan 1, 1966 The Cultural Revolution begins Period: Jan 1, 1966 to Jan 1, 1976 China's Cultural Revolution Jan 1, 1971 China gets a seat in the United Nations Jan 1, 1972 Richard Nixon Visits China Jan 1, 1976 Mao Zedong dies May 12, 2007 China shoots down weather satilite. Jan 1, 2011 China becomes the worlds 2nd largest economy.