Deng Xiaoping Theory encapsulates the
various policy pronouncements that guided the reform process that
started in 1978. The Theory can be seen as a major departure from Mao Zedong Thought,
as Deng insisted that "economic development is the centre of party
work". Two of the late patriarch's famous dicta were: "It always stands
to reason to develop the economy faster" and "The economy must cross a
new threshold every few years." Deng's development plan resulted in
tremendous development, explosive growth and the first traces of a
consumer society. At the same time, it engendered undesirable
consequences that affected stability and the potential for the party's
continued rule. They include polarisation of rich and poor; a big gap
between coastal and western China; rank corruption; and the neglect of
indoctrination in Communist orthodoxy in particular.

In foreign policy, Deng formulated the theory that
China should "adopt a low profile and never take the lead". And given
his country's dependence on the American market as well as its
investment and technology, Deng's main policy towards the United States
was to avoid confrontation. In concert with his foreign policy, Deng
saw the People's Liberation Army
as a mainly defensive force. His major contributions included the
massive demobilisation and budget cuts in the 1980s and early 1990s.

After Deng's death in 1997, Jiang Zemin
has been instrumental in having Deng Xiaoping Theory included in the
canon of Marxism-Leninism, Mao Zedong Thought. This has as yet not
resulted in the addition of Deng's portrait to the pantheon of Marxist theory.
Sources:
Deng Xiaoping, Selected Works
Information Network of the Guangdong Provincial Research Center for Deng Xiaoping Theory [in Chinese]
Willy Wo-Lap Lam, "Jiang still thinking it through", South China Morning Post, 5 January 2000
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