China rapidly embraced capitalism through market opening, foreign investments, and technology transfer, leveraging its population and market size for economic progress.
China fully incorporated into the global capitalist system in a short period by implementing a strategy focused on market opening, attracting foreign investments, and technology transfer.
The country's vast market size, significant population, economic openness, hard work ethic, and active entrepreneurial environment fueled its rapid economic growth.
The Chinese government, under the Communist Party, enforced social discipline, maintained stability, encouraged high saving and investment rates, leading to sustained economic expansion.
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