Deng Xiaoping Theory

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Deng Xiaoping Theory (Chinese: 邓小平理论; pinyin: Dèng Xiǎopíng Lǐlùn), also known as Dengism, is the series of political and economic ideologies first developed by Chinese leader Deng Xiaoping. The theory does not reject Marxism–Leninism or Maoism, but instead claims to be an adaptation of them to the existing socioeconomic conditions of China. The theory also played an important role in China's modern economy, as Deng stressed opening China to the outside world, the implementation of one country, two systems, and through the phrase "seek truth from facts", an advocation of political and economic pragmatism.

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