It ha been one year since Kim II-Sun died on July 8, 1994. Although the situation of power transfer in North Korea is still vague, it is widely believed that his son Kim Jung-II will control the power in the future. This article argues that the new regime can not but follow the PRC model in order to improve North Korea's moribund economy, hence to increase its legitimacy. However, the conditions in North Korea are quite different from those of the PRC. The PRC model can not be fit in the North Korean society without certain adjustment. In addition, an open door policy would create many political, economic, and social problems for the new regime. Unless Kim Jung-II can solve these problems, the open door policy would not be able to serve the regime's purposes. This article will examine the PRC model and the preconditions for North Korea to successfully adopt the PRC model. It will also study the problems brought about by an open door policy and the strategy for North Korea to deal with them.