Q. 114.2( 4 Votes )

Explain any four steps taken by China that led to the rise of its economy.

Answer :

China transformed its economic policy and introduced a new market economy. The new policies proved to be remarkable.

1. It created Socio Economic Zones that raised the trade economy of the country.


2. It privatized its agriculture, which overall raised the economic level of the people.


3. It ensured free and open door policy by investing capital and technology from abroad.


4. It modernized its agriculture, science , industry and technology \sector.


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