In the Initial phase of reforms in China reforms were introduced under Fill in the blank with correc...........

In the Initial phase of reforms in China, reforms were introduced under______.( Fill in the blank with correct alternative)

Agriculture

Foreign trade

Investment sectorc

All of the above

- Option 1: Agriculture

- China's initial reforms post-1978 primarily targeted agriculture.

- The Household Responsibility System was introduced, allowing farmers to sell surplus produce.

- Option 2: Foreign Trade

- Reforms opened China's economy to international markets.

- Special Economic Zones (SEZs) were established to attract foreign investments.

- Option 3: Investment Sector

- Investment policies evolved, with increased decentralization.

- Relaxation of controls encouraged inflow of foreign direct investments.

- Option 4: All of the above

- Reforms were comprehensive, encompassing agriculture, foreign trade, and investments.

- These multidimensional efforts were aimed at modernizing and opening up the economy.

Correct Answer: Option 4: All of the above

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