Abstract

Xi Jinping's new era of socialist economic thought, rooted in the great practice of China's economic construction, systematically explains the issue of China's economic development and reform, and clearly answers the important questions of how the economic situation is to be judged, how to judge the development stage, how to determine the development goals, and how to do economic work. Xi Jinping's new era of the socialist economy with Chinese characteristics, system integrity, broad depth, logic and strict, each aspect of the discourse has a creative and vital point of view, forward-looking strategic deployment and "four beams and eight pillars" of the key initiatives. Combining the in-depth study of Xi Jinping's new era socialist ideology with Chinese characteristics and the spirit of the Party's 19th National Congress, this paper tries to sort out Xi Jinping's new era socialist economic thought with Chinese characteristics from five aspects, such as direction theory, goal theory, epistemology, strategy theory, and bottom-line theory.

Highlights

  • China's economic development momentum is good, the internal mechanism of economic growth is continuously enhanced, and the unity of speed, quality and efficiency have basically been achieved

  • Since the 18th National Congress of the Communist Party of China, the Party Central Committee with General Secretary Xi Jinping as the core brainstormed and profoundly summarized many theories and major development strategies for the current and future period of socialist economic development with Chinese characteristics, and gradually formed a new era of Xi Jinping Socialist economic thinking with Chinese characteristics (Bader, 2016; Wang & Zeng, 2016). The theoretical implications it presents are as follows: at the stage of development, it is believed that China's economic development has entered a new normal, and it is a new stage of development that combines quality and quantity; on the question of "who" for economic development, it is clear that "people" The core position of "centering"; in the direction of economic development, the party’s leadership in economic work is strengthened based on respecting the market allocation of resources; in solving the contradiction between supply and demand, a new idea of economic development with supply-side reform as the main line is proposed (Economy, 2018)

  • The basic connotation of the Chinese dream is "the country is rich and strong, the nation is revitalized and the people are happy". In his many speeches and on many occasions, General Secretary Xi Jinping stressed the realization of the Chinese dream, and in a big way, the first must be the road of China, that is, the road of socialism with Chinese characteristics

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Summary

Introduction

China's economic development momentum is good, the internal mechanism of economic growth is continuously enhanced, and the unity of speed, quality and efficiency have basically been achieved. Since the 18th National Congress of the Communist Party of China, the Party Central Committee with General Secretary Xi Jinping as the core brainstormed and profoundly summarized many theories and major development strategies for the current and future period of socialist economic development with Chinese characteristics, and gradually formed a new era of Xi Jinping Socialist economic thinking with Chinese characteristics (Bader, 2016; Wang & Zeng, 2016) The theoretical implications it presents are as follows: at the stage of development, it is believed that China's economic development has entered a new normal, and it is a new stage of development that combines quality and quantity; on the question of "who" for economic development, it is clear that "people" The core position of "centering"; in the direction of economic development, the party’s leadership in economic work is strengthened based on respecting the market allocation of resources; in solving the contradiction between supply and demand, a new idea of economic development with supply-side reform as the main line is proposed (Economy, 2018). Recent Economic Developments of China Under the Leadership of President Xi Jinping

Unemployment Rate
Findings
Conclusions and Implications Xi

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