Q.Evaluate the various factors that led to the rapid growth in economic development in China.

China grew fast because of its early land reforms and human-capital investment, followed by the 1978 market reforms — decentralised farming, dual pricing and Special Economic Zones drawing foreign investment. From the Kerala Plus One (DHSE) Economics chapter 'Comparative Development Experiences of India and its Neighbours', the main factors behind China's rapid economic development are: - Early foundation (land reforms, commune system): Land reforms and collective cultivation created a more equal agrarian base and mobilised the rural workforce. - Investment in human capital: Extensive spending on education and health produced a skilled, healthy and productive labour force, raising productivity across sectors. - Reforms of 1978: Agriculture was decollectivised — land was contracted to individual households, who could keep/sell surplus after meeting quotas, sharply raising farm output and rural incomes. - Dual pricing and enterprise reform: Farmers and firms bought and sold fixed quotas at planned prices and the rest at market prices, encouraging higher production. - Special Economic Zones (SEZs): SEZs attracted large foreign investment and technology and boosted **ex …