Abstract
The political economics of socialism with Chinese characteristics highlighted “Chinese wisdom” in the process of its theoretical innovation of contemporary political economics, which adhered to the principles and methods of combining Marxist political economics with Chinese reality, while getting a full, systematic and profound knowledge of political economics and firmly grasping the stage characteristics of China's economic and social development. Therefore, it firmly adhered to “dialectics and the doctrine that everything has two aspects” in the aspects of the basic economic system of socialism with Chinese characteristics and the socialist market economy. Moreover, it persevered in maintaining stability in the general work guideline and put forth the major principles of the political economics of socialism with Chinese characteristics, which emphasized to grasp the “new normal” of economic development, while pushing forward the supply-side structural reform. And more than anything else, it made a full exploration of “systematized economic theory” that took “the new concepts of development” as a guide. In the course of gaining a qualitative leap from “the first draft of political economics” to “Marxist political economics in contemporary China,” these theoretical innovations kept a good practice of summing up the laws of economy to improve and perfect the theoretical system of the socialist political economics with Chinese characteristics.
Highlights
Taking “the second combination” as principle and method, the new development of the political economics of socialism with Chinese characteristics is closely connected and integrated with the new ideas, new thoughts and new strategies of the
Governance of China initiated by Xi Jinping since the 18th National Congress of the Communist Party of China (CPC)
In the investigation and research of the preparation of the speech of “The Ten Major Relationships,” Mao Zedong outlined how the People’s Republic of China would construct a socialism different from the model of development undertaken by the Soviet Union
Summary
Taking “the second combination” as principle and method, the new development of the political economics of socialism with Chinese characteristics is closely connected and integrated with the new ideas, new thoughts and new strategies of the.
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