The Chinese Communist Party's attempt to abolish the dual-track system and implement price reform triggered panic buying and severe inflation, becoming a major economic background for the outbreak of the June 4, 1989 Tiananmen crackdown.
Fuzhou Group's first construction of large ocean-going cargo ships at a Chinese state-owned shipyard marks the first deep cooperation between the Zhao family and China's national industrial system.
When Huawei was first founded, Ren Zhengfei required all staff to keep mattresses under their desks so they could sleep at the company and work directly when tasks were urgent. This is the origin of "mattress culture."