Pearl River Delta - Historical Background

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)

    I had many problems in my conduct of the office being contrasted with President Kennedy’s conduct in the office, with my manner of dealing with things and his manner, with my accent and his accent, with my background and his background. He was a great public hero, and anything I did that someone didn’t approve of, they would always feel that President Kennedy wouldn’t have done that.
    Lyndon Baines Johnson (1908–1973)