Accelerating the Buildup of Socialist Market Economy

Building up a socialist market economy in China is an important part of Deng Xiaoping’s theoretical treasury of building socialism with Chinese characteristics. It is also an objective demand for furthering reform and expanding the opening up of China. The "Decision On Some Issues Concerning the Establishment of a Socialsit Market Economic Structure"

The Formation and Major Breakthroughs of the Theory of Socialist Market Economy

① Without a correct reform theory, there can be no successful reform practice. Since the Communist Party of China (CPC) convened the Third Plenary Session of the 11 th Central Committee (December, 1978), a fundamental reason for the tremendous achievements China has scored is that it has had the guidance of Deng Xiaoping Theory. Broad and pro-

Macroeconomic Control Over the Socialist Market Economy

The goal of China’s economic structural reform is to establish a socialist market system in China which will play a fundamental role in the disposition of natural resources under the macrocontrol and regulation of the government. This means, on the one hand, that in accordance with the law of value in open market activities,

An Overview of Government-Market Relationships:Evolving Perceptions,Role of the Market,and Government Functions

Building a high-level socialist market economy is conducive to giving full play to the market’s decisive role in resource allocations and bringing the government into better play.Correctly handling the market and the government relationships has been a central issue in China’s economic structural reform.Giving a comprehensive review and summary of the research findings achieved by the theoretical and academic circles in China,we generalize the evolution and working mechanisms of China’s socialist market economy system,following the developing trajectory and logic of relevant literature,focusing on the three aspects of evolving perceptions,the role of the market,and the functions of the government.Based on our literature overview,we also induced and extracted the basic conclusions and evolutionary features of relevant research and made suggestions for the future direction of theoretical research regarding China’s socialist market economy.

Creating a New Chinese Discourse on Political Economy: The Innovative Development of China's Private Sector Theory

Ever since China implemented its reform and opening up policy in the late 1970s,it has engaged in theoretical and practice-based innovations in the development of its private sector.China has experienced four evolutionary stages of private sector development and theoretical innovation:from proposing that the private sector was “subsidiary and complementary to the socialist public sector,” to elevating it to the heights of China’s “basic economic system”;from adhering to the principle of “the two unwaverings,” i.e.,unwaveringly consolidating and developing the public sector on the one hand,and unwaveringly encouraging,supporting,and guiding the development of the non-public sector on the other;and thence to further stating explicitly that “private enterprises and private sector entrepreneurs are one of us;they are socialist.” New theories of private sector development have been created in response to the inherent requirements of the primary stage of socialism,to the choice of the correct path to common prosperity,and to the human behavioral rationality and the laws governing people’s interest claims.The private sector is an important achievement of the development of the socialist market economy;an important force promoting the development of the socialist market economy;and an important actor in the building of the modern economic system.Creating new theories of private sector development has opened up a new realm for Marxist political economy.