REFORMS OF DENG XIAOPING

“WHO CARES IF A CAT IS BLACK OR

WHITE, AS LONG AS IT CATCHES THE
MICE”
TWO PHASES:
REFORM IN THE COUNTRYSIDE
RURAL INDUSTRIALISATION AND
ENTERPRISE REFORM
REFORM IN THE COUNTRYSIDE

 ALLOWED FARMERS TO PRODUCE ON

THEIR OWN
 HOUSEHOLD RESPONSIBILITY
SYSTEM
 CHRONIC FOOD SHORTAGES: ONE
CHILD POLICY
 OPENING TO OUTSIDE WORLD:SEZs
 RURAL INDUSTRIALISATION
AND ENTERPRISE REFORM

 CONTRACT RESPONSIBILITY SYSTEM

 NEGOTIATION BETWEEN
ENTERPRISE AND CONTROLLING
MINISTRY
 TOWNSHIP AND VILLAGE
ENTERPRISES(TVEs)
 DUAL PRICE SYSTEM
 REBELLION AND
RETRENCHMENT

 CONTROLLING INFLATION
 RECTIFICATION:
• FROZEN CREDIT
• CONTROL ON IMPORTS
AND CREDIT
• RAISED INTEREST RATES
• DEVALUED CURRENCY
 OUTCOMES

 VIOLENTPOLITICAL EVENTS
 DEATHS OF THOUSANDS OF PEOPLE