📅 18 April 1990
Premier Li Peng announced the decision to develop Pudong, across the Huangpu River from Shanghai’s historic center. The project became a showcase of urban modernization, finance, and foreign...
📅 15 Augustus 1988
Plans to liberalize prices were announced amid inflation and fears of a rapid rise in the cost of living. Households rushed to buy durable goods, exposing the gap between reform rhetoric and...
📅 26 September 1988
The Third Plenum of the 13th Central Committee adopted a program of economic readjustment and rectification after overheating and inflation. Credit and investment were tightened, price controls partly...
📅 4 Juni 1989
Military force ended the Beijing protest movement and triggered international condemnation and sanctions. Economic reform continued under stronger political constraints. A decolonial account must hold...
📅 1 Januari 1991
The 1989–91 adjustment phase restrained credit and investment, but authorities continued commodity-market experiments and gradual price changes. The period demonstrates that reform moved in cycles and...
📅 9 Maart 1992
The State Council announced an end to the rectification period and a renewed push for reform and opening. The decision marked the transition from crisis stabilization to accelerated market-building....
📅 18 Juli 1994
The policy shifted housing costs from work units toward a mix of public support, funds, credit and individual purchase. Access became more dependent on income and urban status, widening the stakes...
📅 17 Maart 1996
The 1996-2000 plan translated party priorities into a state program for growth and structural adjustment. Planning continued alongside markets, though aggregate targets could obscure unequal effects...
📅 5 Maart 1998
The congress endorsed Zhu Rongji as premier and a program of administrative, financial and state-enterprise reform. A stronger central state would regulate markets and external integration, while...
