This Day, That Year
China Daily | Updated: 2018-01-30 07:56
Editor's Note: This year marks the 40th anniversary of China's reform and opening-up policy.
On Jan 30, 1982, the State Council, China's Cabinet, issued a regulation covering joint offshore oil exploration with foreign companies.
The country turned to foreign sources for the technological know-how and capital that it was sorely lacking.
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