A translation of Manifesto of the Communist Party was published in Shanghai.
Eighth Route Army soldiers celebrating victory on the Great Wall.
Mao Zedong went to Chongqing to talk with the Kuomintang government.
Private handicraftsmen turned to the socialist path by way of cooperatives.
Workers of the Daqing Oilfield at work.
A village-level organization signing a contract with peasants.
By March 1950, the Party and the government had achieved a great victory in stabilizing prices. No longer did people worry about devaluation of money. People in Shanghai are shown here lining up in front of the Bank of China to convert foreign currencies to the Chinese currency, renminbi (RMB).