ABSTRACT
The founding of the People's Republic of China in 1949 marked the beginning of the stage of socialist revolution. China's socialist construction has all along been carried out in the midst of sharp and complicated international class struggle. Under Chairman Mao's leadership, we abolished the feudal system of exploitation, confiscated bureaucrat capital, transformed the capitalist and individual economies, and set up an independent, new socialist economy. Agriculture concerns the question of feeding China's population of 800 million; it is the chief supplier of raw materials for light industry and an important source for accumulation by the state. The revolutionary mass movements In industry, learn from Taching and In agriculture, learn from Tachai initiated by Chairman Mao are surging ahead. The socialist revolutionary emulation campaign is gaining momentum in all parts of the country and on all fronts. Chairman Mao said: "Society's wealth is created by workers, peasants and working intellectuals.
