Historical Background
Since economic liberalisation was adopted by the Chinese government in the late 1970s, the delta has become one of the leading economic regions and a major manufacturing center of China and the world. The Chinese government hopes that the manufacturing in Guangdong, combined with the financial and service economy and traditional capitalistic influence in Hong Kong, will create an economic gateway attracting foreign capital throughout mainland China.
Read more about this topic: Pearl River Delta
Famous quotes containing the words historical and/or background:
“Yet the companions of the Muses
will keep their collective nose in my books
And weary with historical data, they will turn to my dance tune.”
—Ezra Pound (1885–1972)
“In the true sense one’s native land, with its background of tradition, early impressions, reminiscences and other things dear to one, is not enough to make sensitive human beings feel at home.”
—Emma Goldman (1869–1940)