Zhu's era of economic leadership is often associated with what kind of reforms?
Conservative
Market-oriented
Militaristic
Isolationist
Answer
Market-oriented reforms, commonly associated with Zhu's era of economic leadership, involved shifting away from central planning and embracing market mechanisms. This entailed privatizing state-owned enterprises, encouraging private sector participation, and introducing market-based pricing systems. These reforms aimed to enhance economic efficiency, foster entrepreneurship, and integrate China's economy into the global market.
Mastermind of Modern China: The Zhu Rongji Quiz
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