The Evolving Economic Thinking of the Communist Party of China

Abstract

Since its birth in 1921, the Communist Party of China (CPC) has witnessed a glorious 90-year history. This period is divided into 28 years of the democratic revolution and 62 years of socialist construction, including a transition period and the reform and opening-up process. Hence, the ideological treasury of the CPC contains an abundance of political, military and economic ideas. Rooted in the Party’s revolution and construction process and evolving with it, these ideas feature inherited traits and continuity as the fundamental parts of a guiding ideology. Naturally, research on the CPC’s economic thinking reveals that the socialism with Chinese characteristics we are building has historical origins and a continuity tied to the evolution of the Party’s economic ideology.