Beijing lifted import restrictions in 1978 under its open-door policy recognizing China's need for exposure to Western products, ideas, and capital.

Name: Beijing lifted import restrictions in 1978 under its open-door policy recognizing China's need for exposure to Western products, ideas, and capital.
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This statement is true. Beijing did lift import restrictions in 1978 as part of its open-door policy, which aimed to expose China to Western products, ideas, and capital.

Beijing Lifted Import Restrictions in 1978 Under Its Open-Door Policy