1956

January 15

More than 200,000 people from all walks of life in Beijing had a meeting at the Tiananmen Square, celebrating the cooperativization of Beijing's agriculture and handicraft industry, as well as Beijing being the first in China to realize all-industry public-private joint management of capitalist businesses. By the end of the year, a decisive victory had been won throughout the Chinese mainland regarding the socialist transformation of private ownership of the means of production.