EVENT INFORMATION

18
December
1978

The Third Plenum shifts national priorities toward economic modernization

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📅 18 December 1978 📍 China

The Third Plenum of the Eleventh Central Committee moved the Party’s focus from class struggle to socialist modernization and endorsed reform and opening as the new strategic direction. It marked a turning point, not a completed market transition: reforms would unfold gradually through rural experimentation, dual-track pricing, foreign investment and enterprise restructuring. A decolonial account tracks both China’s pursuit of autonomy in a world economy shaped by unequal power and the domestic distribution of reform’s gains and costs.

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People in this event

Deng Xiaoping

Hua Guofeng

Chen Yun

Central Committee members

Organizations in this Event

Communist Party of China

State Council