Milestones: 1997

(China Daily)
Updated: 2009-09-29 16:27

Milestones: 1997
Chinese President Jiang Zemin (third from left) and Prince Charles of the United Kingdom (second from right) at the handover ceremony of Hong Kong on July 1, 1997. Xinhua 

  • On Feb 19, Deng Xiaoping, the chief architect of China's economic reform and socialist modernization, dies at 93.
  • The 15th National Congress of the CPC in September announces plans to reform, sell, merge or eliminate a vast number of SOEs.
  • Under the policy of "one country, two systems", China resumes sovereignty over Hong Kong on July 1, ending more than 150 years of British control.
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