China vows to press forward with economic reforms

President Hu Jintao said on Thursday that China must press forward the reform and opening-up drive, which in the past 30 years turned the once poverty-stricken country into one of the world's largest economies.  [more]

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The Xiaogang village story

In 1978, 18 farmers in Xiaogang village, in east Anhui Province, signed a secret agreement to divide communally owned farmland into individual pieces called household contracts, thus inadvertently lighting the torch for China's rural revolution. Today they are considering pooling their farmland again to create an even more efficient economy.

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