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Zarrin [17]
3 years ago
9

What economic practices introduced by the Chinese facilitated trade and economic growth?

History
1 answer:
erma4kov [3.2K]3 years ago
4 0

Answer:

The Chinese introduced several economic reforms shortly after the death of Mao-Zedong, thanks to the leadership of the Chinese new chairman: Deng-Xiapong.

Explanation:

First, they designed specific areas of the country as special economic zones. In these zones, companies, both foreign and local, had special tax and tariff incentives.

After, they opened up many economic sectors in the rest of the country, and this led to a very high increase in economic growth.

Finally, China entered the world trade organization, linking its economic with the rest of the world, and attracting even more investment and trade.

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