China's transition to a market orientation began with agricultural

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China's transition to a market orientation began with agricultural reforms in the late 1970s, where farmers were allowed to sell their crops on the free market and keep the profits. This was a major shift from the earlier system of collectivized farming and state-controlled prices. The success of these reforms inspired further economic liberalization in other sectors of the economy.

China's Transition to a Market Orientation Began with Agricultural