legislation mechanism: Now an example for the rest of developing countries, China is leaping toward becoming the largest economy, according to Global Times China. When the People's Republic of China PRC was founded in 1949, a period of political stability followed, ensuring the continuation of policies under a consistent legislation mechanism. Severely impacted by war during the first half of the 20th century, it rose to heights that no nation of that time could imagine. The framework of five-year plans often transcended from one government term to the next and each new set of legislators was bound to implement the projects outlined in the ongoing plan. The decision to open up the economy and transform it from agrarian to industrial faced daunting challenges. Unlike other parts of the world where politicians are mostly concerned about the upcoming elections, the agenda of successive Chinese governments largely remained long-term.
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