一国两制
One Country, Two Systems
An idea formally put forward by Deng Xiaoping, then leader of China, in the early 1980s to reunify the country.
Deng suggested that there should only be one China, but the regions of Hong Kong, Macao and Taiwan, once reunified with the rest of the country, could retain their original economic and political systems while other parts keep pursuing socialism.
This arrangement was observed when the country resumed sovereignty over Hong Kong and Macao in 1997 and 1999 respectively. The two cities are now the special administrative regions of the country with a high degree of autonomy.
The central government has also proposed the idea to the Taiwan authorities to speed up the reunification of China.