Why is opening-up so important to China?

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Why is opening-up so important to China?
4,284 views•Oct 15, 2020

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Chinese President Xi Jinping spoke at a gathering to mark the 40th anniversary of the establishment of China's Shenzhen Special Economic Zone, which has transformed a small fishing village into a modern metropolis with a permanent population of over 13 million. So what were the key points of the speech? What does Shenzhen's development over the past four decades say about China's reform and opening-up process? And with plans to turn Shenzhen into a "pilot city for socialism with Chinese characteristics," what does this mean for this bustling city?

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