This Day, That Year
China Daily | Updated: 2019-06-12 07:40
Editor's note: This year marks the 70th anniversary of the founding of New China.
On June 12, 1987, the Economic Daily published a story featuring Guan Guangmei, a former meat counter clerk, who leased eight food stores employing 1,000 workers in Benxi, Liaoning province.
She had pioneered the leasing of State-owned enterprises and running them as private business, which became known as the "Guan Guangmei phenomenon".
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