Milestones

Milestones: 1988

(China Daily)
Updated: 2009-09-30 05:12

-- China conducts its first test fire of carrier rockets from underwater nuclear-powered submarines, giving the PLA the capability to launch long-distance nuclear strikes.

-- Hainan province is established and becomes China's fifth and largest special economic zone.

-- The military rank system is reintroduced in the PLA.

-- The CPC Central Committee releases several policies and measures for economic readjustment following double-digit inflation in the summer.