Since Deng Xiaoping's wide-ranging reforms in the late 1970s, China has transformed from an impoverished largely agricultural economy to a formidable industrial superpower, second only to the US. In that time, the Chinese economy has grown by a factor of 42, millions have been lifted out of poverty and the country has established itself as the world's premier exporter. How has China done it? We reveal the secrets behind China's remarkable success and the lessons the West could learn from its meteoric rise.