2. 1958- 1962 is the first half of the ten-year exploration period (that is, the period of building socialism in an all-round way), from the correct decision of the Eighth National Congress to the launch of the 1957 anti-"Right" struggle and the promulgation of the 1958 general line of building socialism in an all-round way, in the economic field.
3. 1963- 1965 is a period when the national economy is advancing in twists and turns and the construction of material civilization and spiritual civilization in China is developing.
4. 1966- 1976 was the decade of the cultural revolution. During this period, class struggle was serious, left-leaning errors within the party were rampant, the economy was severely damaged, and the society was in turmoil. However, with the efforts of the broad masses of cadres and the masses, the national economy also developed.
5. During the period of1976-2000, 1976- 1978 was the two years when the national economy wandered forward. 1978 After the Third Plenary Session of the Eleventh Central Committee, China entered a new period of socialist development. During this period, the spring breeze of reform and opening up spread all over China, the planned economy system was transformed into a market economy system, and China's work center was transferred to economic construction, and socialism flourished.
The Significance of the Establishment of New China
In the first three years after the founding of People's Republic of China (PRC), the remnants of Kuomintang reactionaries and bandits on the mainland were eliminated, Tibet was peacefully liberated, people's governments at all levels were established, bureaucratic capital enterprises were confiscated, and they were transformed into socialist state-owned enterprises, which unified the national financial and economic work, stabilized prices, completed the land system reform in the newly liberated areas, suppressed counter-revolutionaries and carried out anti-corruption.
The "three evils" movement against waste and bureaucracy launched the "five evils" movement against bribery, tax evasion, theft and deception of state property, cutting corners and stealing state economic information.
Education, science and culture in old China have been effectively transformed. While successfully completing the arduous task of social reform and carrying out the great war to resist U.S. aggression and aid Korea and defend the country, the severely damaged national economy in old China quickly recovered to the highest level in history.