Deng Xiaoping Deng Xiaoping listen (helpÂ·info) was a leader in the Communist Party of China (CPC). Deng never held office as the head of state or the head of government, but served as the de facto ruler of the People's Republic of China from the late 1970s to the early 1990s. He pioneered "Socialism with Chinese characteristics" and Chinese economic reform, also known as the "socialist market economy". Anti-revisionist communists accuse him of returning the country to capitalism.
Deng formed the core of the "second generation" CPC leadership. Under his tutelage, China developed one of the fastest growing economies in the world while keeping the Communist Party in tight overall control.