On the platform of Wuchang Railway Station, Deng Xiaoping hurled a stern warning at Hubei Provincial Party Secretary Guan Guangfu and others: "Development is the absolute principle, and whoever does not reform will step down."
Bypassing the CCP Central Committee and under the tight protection of the military, Deng Xiaoping quietly boarded a special train to leave Beijing and head south, initiating the southern tour often referred to as a military coup.
Deng Xiaoping delivered his southern tour speeches, emphasizing that development is of overriding importance, while reiterating the need to consistently uphold the Four Cardinal Principles and oppose bourgeois liberalization.
In early 1992, Deng Xiaoping promoted and proposed the development of a socialist market economy, and the relevant line was confirmed during the 14th National Congress of the CCP.
日本房地产泡沫破裂后，1992年东京住宅地价下跌19%，商业地价下跌13%，此后日本地价持续多年低迷。