Agenda for Industrial Development

China’s rise to global dominance in a matter of a few decades is unprecedented in recent history. Increasing GDP to 14.72 trillion USD by 2020 on the back of 1.36 billion people, from less than 150 billion USD in 1978, is indeed a remarkable growth that many countries around the world would envy. It is estimated that China will ove China’s rise to global dominance in a matter of a few decades is unprecedented in recent history. Increasing GDP to 14.72 trillion USD by 2020 on the back of 1.36 billion people, from less than 150 billion USD in 1978, is indeed a remarkable growth that many countries around the world would envy. It is estimated that China will overtake the U.S. in GDP terms by 2028, five years earlier than previously predicted.   Many today wonder what exactly contributed to China's startling economic development. Fumbling for the right development path to choose during the republican era (1912-1949), followed by the CPC's resolve to transform capitalist industr...