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:

    Nature never rhymes her children, nor makes two men alike. When we see a great man, we fancy a resemblance to some historical person, and predict the sequel of his character and fortune, a result which he is sure to disappoint. None will ever solve the problem of his character according to our prejudice, but only in his high unprecedented way.
    Ralph Waldo Emerson (1803–1882)

    They were more than hostile. In the first place, I was a south Georgian and I was looked upon as a fiscal conservative, and the Atlanta newspapers quite erroneously, because they didn’t know anything about me or my background here in Plains, decided that I was also a racial conservative.
    Jimmy Carter (James Earl Carter, Jr.)