Abstract
Chen Daisun received economic education in the United States in the 1920s. In the initial period of reforms he proposed to borrow selectively Western economics in the interests of modernization, including methods of quantitative analysis, experience in managing enterprises and using the market mechanism, and research on the negative consequences of industrialization. His recommendations combined Marxist approach with a deep knowledge of modern economic theory. The scholar made a significant contribution to the restoration of the study of the history of foreign economic thought in China. It is concluded that the calls of Chen Daisun to proceed from the national specifics and strive to create a highly developed Chinese economic science remain relevant in the modern ideology of the PRC.
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