After waging protracted and arduous struggles,armed and otherwise,along a zigzag course,the Chinese people of all nationalities led by the Communist Party of China with Chairman Mao Zedong as its leader ultimately,in 1949,overthrew the rule of imperialism, feudalism and bureaucrat-capitalism,won a great victory in the New-Democratic Revolution and founded the People's Republic of China. Since then the Chinese people have taken control of state power and become masters of the country.After the founding of the People's Republic,China gradually achieved its transition from a New-Democratic to a socialist society.The socialist transformation of the private ownership of the means of production has been completed,the system of exploitation of man by man abolished and the socialist system established.The people's democratic dictatorship led by the working class and based on the alliance of workers and peasants,which is in essence the dictatorship of the proletariat,has been consolidated and developed.The Chinese people and the Chinese People's Liberation Army have defeated imperialist and hegemonist aggression,sabotage and armed provocations and have thereby safeguarded China's national independence and security and strengthened its national defence.Major successes have been achieved in economic development.An independent and relatively comprehensive socialist system of industry has basically been established.There has been a marked increase in agriculturalAfter waging protracted and arduous struggles, armed and otherwise,along a zigzag course,the Chinese people of all nationalities led by the Communist Party of China with Chairman Mao Zedong as its leader ultimately, in 1949, overthrew the rule of imperialism, feudalism and bureaucrat-capitalism, won a great victory in the New-Democratic Revolution and founded the People‘s Republic of China. Since then the Chinese people have taken control of state power and become masters of the country. After the founding of the People’s Republic, China gradually achieved its transition from a New-Democratic to a socialist society. The socialist transformation of the private ownership of the means of production has been completed, the system of exploitation of man by man abolished and the socialist system established. The people‘s democratic dictatorship led by the working class and based on the alliance of workers and peasants, which is in essence the dictatorship of the proletariat, has been consolidated and developed. The Chinese people and the Chinese People’s Liberation Army have defeated imperialist and hegemonist aggression, sabotage and armed provocations and have thereby safeguarded China‘s national independence and security and strengthened its national defence. Major successes have been achieved in economic development. An independent and relatively comprehensive socialist system of industry has basically been established. There has been a marked increase in agricultural