Chinese economic reform in the context of "Four Comprehensives"

Shenzhen is a prefecture-level city in the province of Guangdong, China. A special economic zone, it is located on the east bank of the Pearl River estuary on the central coast of Guangdong, bordering Hong Kong to the south, Dongguan to the north, Huizhou to the northeast, and Macau to the southwest. With a population of 17.5 million in 2020, Shenzhen is the third-most-populous city by urban population in China after Shanghai and Beijing. The Port of Shenzhen is the world's fourth-busiest container port.

Shenzhen roughly follows the administrative boundaries of Bao'an County, which was established in imperial times. As a result of the Opium Wars, the southern portion of Bao'an County was ceded to Britain and became part of British Hong Kong, while the village of Shenzhen was next to the border. Shenzhen turned into a city in 1979. In the early 1980s, economic reforms introduced by Deng Xiaoping resulted in the city becoming the first special economic zone of China due to its close proximity to Hong Kong, attracting foreign direct investment and migrants searching for opportunities. In thirty years, the city's economy and population boomed and has since emerged as a hub for technology, international trade, and finance.

The East Asian model (Japanese: 修正資本主義, romanized: shūsei shihonshugi, lit. 'modified capitalism'), pioneered by Japan, is a plan for economic growth whereby the government invests in certain sectors of the economy in order to stimulate the growth of specific industries in the private sector. It generally refers to the model of development pursued in East Asian economies such as Japan, South Korea and Taiwan. It has also been used by some to describe the contemporary economic system in Mainland China after Deng Xiaoping's economic reforms during the late 1970s and the current economic system of Vietnam after its Đổi Mới policy was implemented in 1986. Generally, as a country becomes more developed, the most common employment industry transitions from agriculture to manufacturing, and then to services.

The main shared approach of East Asian economies is the role of the government. For East Asian governments have recognized the limitations of markets in allocation of scarce resources in the economy, thus the governments have used interventions to promote economic development. They include state control of finance, direct support for state-owned enterprises in strategic sectors of the economy or the creation of privately owned national champions, high dependence on the export market for growth, and a high rate of savings. It is similar to dirigisme, neomercantilism, and Hamiltonian economics.

Hainan is an island province and the southernmost province of China consisting of the eponymous Hainan Island and various smaller islands in the South China Sea under the province's administration. The name literally means "South of the Sea".

The province has a land area of 33,920 square kilometers (13,100 sq mi), of which Hainan Island is 32,900 square kilometers (12,700 sq mi) and the rest is over 200 islands scattered across three archipelagos: Zhongsha, Xisha and Nansha. It was part of Guangdong from 1950 to 1988, after which it was made a province of its own and was designated as a special economic zone by Deng Xiaoping, as part of the Chinese economic reform program.

Zhejiang is a coastal province in East China. Its capital and largest city is Hangzhou, with other notable cities including Ningbo and Wenzhou. Zhejiang is bordered by Jiangsu and Shanghai to the north, Anhui to the northwest, Jiangxi to the west and Fujian to the south. To the east is the East China Sea, beyond which lies the Ryukyu Islands. The population of Zhejiang stands at 64.6 million, the 8th largest in China. It has been called "the backbone of China" because it is a major driving force in the Chinese economy and being the birthplace of several notable people, including the Chinese Nationalist leader Chiang Kai-shek and entrepreneur Jack Ma. Zhejiang consists of 90 counties (incl. county-level cities and districts).

The area of Zhejiang was controlled by the Kingdom of Yue during the Spring and Autumn period. The Qin dynasty later annexed it in 222 BC. Under the late Ming dynasty and the Qing dynasty that followed it, Zhejiang's ports became important centers of international trade. It was occupied by the Empire of Japan during the Second Sino-Japanese War and placed under the control of the Japanese puppet state known as the Reorganized National Government of China. After the establishment of the People's Republic of China, Zhejiang's economy became stagnant under Mao Zedong's policies. After China's economic reform, Zhejiang grew to be considered one of China's wealthiest provinces, ranking fourth in GDP nationally and fifth by GDP per capita, with a nominal GDP of US$1.27 trillion as of 2024.

The People's Republic of China emerged as a great power and one of the three big players in the tri-polar geopolitics (PRC-US-USSR) during the Cold War, after the Korean War in 1950–1953 and the Sino-Soviet split in the 1960s, with its status as a recognized nuclear weapons state. Currently, China has one of the world's largest populations, second largest GDP (nominal) and the largest economy in the world by PPP.

In 1950–1953 it fought an undeclared war in Korea against the United States. Until the late 1950s it was allied with the Soviet Union but by 1960 they began a bitter contest for control over the local communist movement in many countries. It reached détente with the United States in 1972. After Chinese Communist Party chairman Mao Zedong died in 1976, Deng Xiaoping led a massive process of industrialization and emphasized trade relations with the world, while maintaining a low key, less ideological foreign policy, widely described by the phrase Taoguang Yanghui, or "hide one's talent and bide one's time". The Chinese economy grew very rapidly giving it steadily increasing power and ambition.

Suzhou is a major prefecture-level city in southern Jiangsu province, China. It is part of the Yangtze Delta megalopolis.

Founded in 514 BC, Suzhou rapidly grew in size by the Eastern Han dynasty, mostly due to emigration from northern China. From the 10th century onwards, it has been an important economic, cultural, and commercial center, as well as the largest non-capital city in the world, until it was overtaken by Shanghai in approximately 1850. Since economic reforms began in 1978, Suzhou attained GDP growth rates of about 14% in 35 years. In 2023, Suzhou had 5 million registered residents. Suzhou is listed as the # 33 cities by scientific output according to the Nature Index 2025. The city is home to universities, including Soochow University, Suzhou University of Science and Technology, Xi'an Jiaotong–Liverpool University, and Changshu Institute of Technology.

Maoism, officially Mao Zedong Thought, is a variety of Marxism–Leninism that Mao Zedong developed while trying to realize a socialist revolution in the agricultural, pre-industrial society of the Republic of China and later the People's Republic of China. A difference between Maoism and traditional Marxism–Leninism is that a united front of progressive forces in class society would lead the revolutionary vanguard in pre-industrial societies rather than communist revolutionaries alone. This theory, in which revolutionary praxis is primary and ideological orthodoxy is secondary, represents urban Marxism–Leninism adapted to pre-industrial China. Later theoreticians expanded on the idea that Mao had adapted Marxism–Leninism to Chinese conditions, arguing that he had in fact updated it fundamentally and that Maoism could be applied universally throughout the world. This ideology is often referred to as Marxism–Leninism–Maoism to distinguish it from the original ideas of Mao.

From the 1950's until the Chinese economic reforms of Deng Xiaoping in the late 1970's, Maoism was the political and military ideology of the Chinese Communist Party and Maoist revolutionary movements worldwide. After the Sino-Soviet split of the 1960s, the Chinese Communist Party and the Communist Party of the Soviet Union each claimed to be the sole heir and successor to Joseph Stalin concerning the correct interpretation of Marxism–Leninism and the ideological leader of world communism.

The time period in China from the founding of the People's Republic in 1949 until Mao's death in 1976 is commonly known as Maoist China and Red China. The history of the People's Republic of China is often divided distinctly by historians into the Mao era and the post-Mao era. The country's Mao era lasted from the founding of the People's republic on October 1, 1949 to Deng Xiaoping's consolidation of power and policy reversal at the Third plenary session of the 11th Central Committee of the Chinese Communist Party on December 22, 1978. The Mao era focuses on Mao Zedong's social movements from the early 1950s on, including land reform, the Great Leap Forward and the Cultural Revolution. The Great Chinese Famine, one of the worst famines in human history, occurred during this era.

China Development Institute (CDI) is a China-based think tank headquartered in Shenzhen, Guangdong, bordering Hong Kong. It was founded in 1989 to support the Chinese economic reform. CDI is also tasked with expanding international academic exchanges and cooperation between think tanks and private enterprise.

CDI has approximately 100 full-time staff and with a network of affiliated scholars and experts from the region. They research leading issuesconcerning Chinese economic reforms and opening up. CDI also undertakes corporate consulting for domestic and foreign companies.