The elements and essence of the Chinese «economic miracle» - significant successes of the Chinese civilization, which was in a state of civil wars and resisted external aggression for the most part of the twentieth century - are analyzed. The reasons, factors and conditions, as a result of which the country not only preserved its political and economic integrity, but also gained thehighest rates of economic development, are revealed. The political elements of the Chinese economic miracle are considered, based on a retrospective analysis of the activities and decisions of the Government, the Communist Party and the leaders of the People’s Republic of China. Impressive parameters of the country’s economic growth state the result achieved by the country to date: China has become the second economy of the world. It is noted that China’s economy has not stopped in its progress.
Key words: China, economic miracle, reform and opening up policy, Chinese economy.
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