User:Ohw05

From Wikipedia, the free encyclopedia

Automobiles in China refers to an ongoing trend of automobile usage and consumption that encompasses such issues as highway construction, city planning, fossil fuel usage, and the argument between public and private transportation.

[edit] Economic Reform in China: The Rise of the Middle Class

[edit] Movement Toward Free Trade

In the late 1970’s, spurred on by a desire for greater economic prosperity, the Chinese government began liberalizing its economy, allowing not only private sector development but also encouraging the integration of Foreign Direct Investment. As a result of these changes, the Chinese economy moved from a largely agriculture based system to an industrial one. This facilitated the movement of people from rural to urban areas, creating growth and prosperity and improving overall quality of life.^[1]