THE MAIN PRINCIPLES AND THE ESSENCE OF DENG XIAOPING' S REFORMS
The article deals with the main principles and the essence of reforms, initiated by Deng Xiaoping in 1978. The decision of socialistic modernization was made on the third Plenum of the Central Committee of Chinese Communist Party of the 11-th convocation in December of 1978. The reform was started from the weakest sector of economy - agriculture. Then it was focused on the urban sector. The base of the state is socialism, but socialism in China has national characteristics.