By S. Cheng
A accomplished examine of the targeted development of China's industrialization and financial improvement during the research of roughly 100 regulations, overlaying the old interval of recent China due to the fact 1949. concerns tested contain how China handled the 5 imperative conflicts in rural industrialization, these among rural and state-owned undefined, rural and agriculture, rural collective and personal undefined, rural and concrete inhabitants and rural and concrete economic climate. trying to the regulations carried out, this quantity addresses what chinese language features are, why rural humans in China are so negative and why the "miracle" of China's rural happened.
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Additional resources for China's Rural Industrialization Policy: Growing under Orders since 1949
SMCs were economic organizations to help the state-owned economy to lead private economy and bring it under the state plan through commission and contract business. On the other hand, they promoted the sale of agricultural, subsidiary and handicraft products, supplied industrial products, and returned the proﬁt to farmers. In the restoring time, the linking of state-owned economy with private economy in the countryside was made by the state’s purchasing staple products and supplying producer goods and daily consumable which farmers’ needed and the state’s adjustment on private production by prices.
526–7. To derive agriculture surplus Because China is an agricultural country, the countryside was the main source for national capital. At the start of the new nation, the state used rural surplus for national construction, especially after the Korean War, when military expenses increased greatly. At the same time, China was also implementing an industrialization strategy, which needed huge funds. The state intensiﬁed its agricultural plunder. Chen Yun on 6 June 1950 acknowledged that, “China is an agricultural country; the investment of industrialization has no alternative but to use agriculture.
3 billion yuan, more than double. In the countryside, although there was no rural industry, rural handicrafts obtained a rapid development. 9 million people, 60 percent in national handicraft employees. 4 billion yuan (not including ﬁshing, salt and forest cutting), 52 percent of national handicraft output value (Ma and Sun, 1981, p. 172). From 1949 to 1952, rural economy underwent comprehensive restoration. First, agricultural production rapidly recovered. 1 billion yuan, an increase of 41 percent compared to that in 1949.