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Sprouting in the Cooperative Campaign

In: China’s Rural Industrialization Policy

Author

Listed:
  • Shi Cheng

Abstract

Although the Korean War erupted in 1950, from 1949 to 1952 China’s economy underwent comprehensive restoration. Its national social product value doubled from nearly 56 billion in 1949 to 102 billion yuan in 1952. In 1952, the agricultural output value was 48 billion yuan, and grain yield 308.8 billion catties, a growth of 43 percent compared with that in 1949. The national gross value of industrial output was 35 billion yuan, an increase of 149 percent compared with that in 1949. All main industrial products surpassed the pre-liberation maximum annual output.

Suggested Citation

  • Shi Cheng, 2006. "Sprouting in the Cooperative Campaign," Palgrave Macmillan Books, in: China’s Rural Industrialization Policy, chapter 2, pages 33-53, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-50171-3_3
    DOI: 10.1057/9780230501713_3
    as

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