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China Reform

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Submitted By yake987
Words 282
Pages 2
Wang Ziang
Dec 7th
Civilization of China

The history of People’s Republic of China is a history of a country become strong, active, and responsible. This history can be divided to two parts by the year of 1978, which was the start of reform and opening up. It has been 32 years since the beginning of reform and opening up, and in this 32 years, China has made a dynamic and impressive change. China’s economic growth since 1978 has been very rapid. The estimate GDP growth from 1978 to 2005 at 9.5% a year, from less than ¥1,000 billion to about ¥18,000 billion. With the new constructions which can be seeing everywhere around the nation, Chinese government become more and more confident. The 2008 Beijing Olympic Games and 2010 Shanghai Expo are more like two huge stages, and Chinese government showed its great achievement and ambitious goals to everyone around the world. Many people spoke highly of the improvement that Chinese government has made, and were thankful for the benefits they gained from the success of this nation. However, a famous economist from Wharton Business School Larry Lang, hold a different idea. He says that the achievement of reform and opening up should based on a principle that the achievement didn’t remove benefits from some people to the others to make those people more wealthy. Although I come from a family who has already gained benefits from the reform and opening up, on this issue, I am with Professor Lang. Chinese government did a very excellent work on efficiency, but it should keep more concentration on equity of income redistribution, accessible education, affordable health care.

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