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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Search Search: Chronology of China's reform era AP - Thursday, December 18 1978: Economic, social and cultural reforms launched under Deng Xiaoping, two years after the death of Mao Zedong. GDP per capita is 381 yuan. 1979: U.S. and China establish diplomatic relations. One-child policy introduced. 1980: First special economic zone established in Shenzhen. 1982: Population surpasses 1 billion. 1986: Deng promotes "open-door" policy to encourage foreign investment. 1988: Spiraling inflation and corruption prompt limits on foreign investment and monetary flows. 1989: Students protest in Tiananmen Square to demand economic, political and social change. Hundreds believed killed in ensuing crackdown. 1990: Communist China's first stock exchange opens in Shanghai. 1992: Deng makes southern China tour to relaunch economic reforms in face of criticism from conservatives. 1994: China connects to the Internet. 1996: Chinese currency becomes convertible. 1997: Deng dies. Jiang Zemin takes over. China regains control of Hong Kong. 1998: China injects $500 billion into its faltering banking sector. 1999: Government outlaws Falun Gong. 2001: China joins the World Trade Organization. 2002: Entrepreneurs allowed to join the Communist Party. 2003: Hu Jintao replaces Jiang as president. SARS (severe acute respiratory syndrome) breaks out in China and eventually kills nearly 800 worldwide. China's first manned spacecraft orbits the earth. 2004: The United Nations estimates 1 million Chinese are infected with HIV. 2005: China becomes the world's fourth-largest economy. The government stops pegging the currency to the U.S. dollar. 2006: Three Gorges Dam and railway to Tibet are completed. China's foreign exchange reserves reach $1 trillion, becoming world's largest. 2007: China tops the world with 210 million Internet users. GDP per capita reaches 18,900 yuan ($2,760). 2008: Sichuan earthquake kills 70,000 people. Beijing hosts Olympic Games. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Asia Pacific Taiwan to expand official travel to ChinaAP - 18 minutes ago Hong Kong democrats barred from Macau ahead of rallyAFP - 37 minutes ago Thai PM defends cabinet as ministers await royal approvalAFP - 1 hour 9 minutes ago Philippines hold mock suicide bomb drill to prepare for attacksAFP - 1 hour 36 minutes ago Bangladesh deploys 50,000 troops ahead of polls: officialsAFP - 1 hour 48 minutes ago Most Popular – Asia Pacific Viewed Global economy seen sinking into 'severe' 2009 recession: report Actress Jennifer Aniston appears naked in GQ magazine Oil prices mixed; New York contract expires below 34 dollars Ageing L'Oreal heiress defends billion-dollar giveaway Deep Throat, Watergate's secret informant, dies at 95 View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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