Socialist Factors in China’s Economic Miracle and Development Achievements

Abstract

ABSTRACTDuring the 70 years since its founding and the 40 years since its reform and opening-up, modern China has recorded a series of remarkable historic achievements, especially its miracle of high-speed economic growth over a long period. Socialism with Chinese characteristics, under which these achievements have been registered, is unquestionably a socialist system, and has entered a new era of national prosperity and greatness. We should attach particular importance to the socialist factors involved here, since the superiority of the socialist system has lent a unique support to the economic miracle and to the development achievements. A number of these socialist factors, and their unique advantages, deserve especially close attention. These include the achievements of China’s economic development and of the socialist system itself; China’s socialist economy and politics; its socialist market and government; the socialist market economy and the planning that is inherently involved in it; the public and non-public economy at the primary stage of socialism; socialist modernization and the world economy; China’s internal and external markets; the goals of socialist production and its driving forces; socialist workers and human resources; socialist economic theory and practice; and so on.