When the People’s Republic of China was proclaimed on 1 October 1949, China was one of the poorest and most wretched societies on earth. Illiteracy was as high as life expectancy was low but as Chinese leader Mao Zedong had remarked even before the formal announcement of the creation of the PRC, “The Chinese people have stood up.”
Today’s China is at the forefront of the world economy, it has eliminated absolute poverty and is leading the world in tackling climate change, and the development of new, high quality productive forces, essentially conforming to the fifth industrial revolution.
China has achieved this unprecedented development in less than a century, yet these achievements are frequently misinterpreted or distorted. People's China at 75 – The Flag Stays Red, organised by the co-editors of Friends of Socialist China, aims to challenge these misconceptions and provide the political, historical and economic context that best explains China’s astonishing rise.