Milestones
Milestones: 1988
(China Daily)
Updated: 2009-09-30 05:12
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-- 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.
