Introduction 1
1 Opening Up Becomes a Key State Policy 4
Embargo and Isolation in the Early Years of New China 5
Self-Imposed Seclusion Under Ultra-Leftist Ideology 12
"Closed-Doorism " Sets the Economy at an Impasse 14
People's Choice: Deng's Comeback to Power 28
"Emancipating the Mind" and the "Criterion for Truth" 31
Restoring Order and Setting Things Right 38
Sounding Out the Outside World 52
A Historic Turning Point for China 67
2 The Birth of Special Economic Zones 73
Shekou, the Opening Salvo 73
Guangdong and Fujian Set the Pace 87
Setting Up a "Frontline General Staff" 99
From Special Export Zones to Special Economic Zones 110
What Is Special About Special Economic Zones? 121
Fording the River by Groping for Stones 149
The Policy for Special Economic Zones Is Sound 168
Designing a Framework for Opening Up Coastal Regions 179
3 Bringing in Advanced Technology and Equipment 196
Uninterrupted Learning Is the Key to Progress 196
Braving Interference to Make Foreign Things Serve China 200
Boosting Technology Importation Becomes a Major State Policy 211
Opening Up More Avenues to Bring in Technology 218
Striving for Innovation and Transcendence 227
4 Lessons for the Opening-Up Policy 240
Joint Ventures, a Pragmatic Choice 241
The First Law on Foreign Investment Is Born 257
The First Group of Joint Ventures 263
Overcoming Obstacles to Success 296
5 "Borrowing a Hen to Lay Eggs" 316
The"Debt-Free"Era Comes to an End 316
Borrowing Loans From Japan, a New Experiment 318
Restoring China's Seat in the World Bank 325
Diversifying Sources of Foreign Loans 346
6 Foreign Trade Reform's Rough Beginning 357
Breaking the Monopoly Over Foreign Trade 359
Reform Brings About New Vitality 366
GATT Membership: From Rejection to Re-entry 374
7 Learning Along the Way 385
Learning to Swim by Swimming 386
Accelerating Training for the Opening-Up Effort 394
Sending Students Abroad After a Long Hiatus 397
Borrowing Foreign Brains by Recruiting Experts 403
Learning Modern Management Is a Revolution 411
Historic Choice: To Establish a Market Economy by Opening Up 418
Postscript by the Translators 431
Glossary of Names 437
Index 444