Xiaoping theory

Xiaoping Theory, developed by Deng Xiaoping, is a guiding principle for China's economic reform and opening-up. It emphasizes pragmatic policies over ideology, advocating that economic development and modernization are vital for national strength. The theory encourages gradual, experimental reforms—like allowing private businesses and foreign investment—while maintaining political stability. Its core belief is that "It doesn't matter whether a cat is black or white, as long as it catches mice," meaning practical results matter more than strict adherence to ideology. Overall, it seeks balanced progress, combining market economy principles with socialist goals.