Innovative Development of Socialist Political Economy with Chinese Characteristics in the New Era

2021-07-22 10:40:36 | Author:Zhang Zhanbin | Source:Marxism & Reality No. 3 2021

In order to meet the contemporary requirements of the new normal and new development stage of China’s economy in the new era, the CPC Central Committee, with General Secretary Xi Jinping at the core, has profoundly analyzed and judged the profound changes and basic trends of economic development both in China and elsewhere. Both in theory and practice, this paper deeply answers these questions: How should China better adhere to and improve the Party’s centralized and unified leadership of economic work in the new era? How to better unleash and develop the socialist productive forces and improve the relations of production in China? How should the people be taken as the center in sharing the fruits of reform and development, and gradually achieving common prosperity? How should the relationship between the government and the market be better handled to release institutional dividends and market potential? How should the new development philosophy be better implemented to promote supply-side structural reform? How should China create a new pattern of development that features positive interplay between domestic circulation and international circulation to promote high-quality economic development? How should China take a greater part in major issues such as global economic governance and building a human community with a shared future? The CPC Central Committee has constructed the overall framework of socialist political economy with Chinese characteristics in the new era. It has clarified a series of major issues on how China can become strong in the new era. It has made great contributions to the development of Marxist political economy. It has endowed Marxist political economy with distinct Chinese style. The Central Committee has also opened a new realm of Marxist political economy in contemporary China and pointed out the direction of embarking on the new journey of building a modern socialist country in all respects.