In 1979,Deng Xiao Ping helped China transform to an export-driven platform for global manufacturing by making economic development a top priority.

Question

Quizplus · Accepted Answer

This statement is true. Deng Xiaoping, who became China's paramount leader in 1978, initiated a series of economic reforms that shifted the country towards an export-driven model of development, which became known as the "reform and opening up" policy. This policy aimed to modernize China's economy by introducing market-oriented reforms, encouraging foreign investment, and promoting trade. As a result, China's economy grew rapidly from the late 1970s onwards and became a major player in global manufacturing and trade.

In 1979,Deng Xiao Ping Helped China Transform to an Export-Driven