As an important part of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, Xi Jinping Economic Thought has put forward a series of interconnected and interconnected new ideas, new viewpoints, new arguments and new requirements closely centering on the construction of socialist economy with Chinese characteristics in the new era, guiding China's economic development to achieve historic achievements and undergo historic changes. Xi Jinping Economic Thought has deepened the understanding of the law of the Communist Party's governance, the law of socialist construction and the law of the development of human society, which is scientific, epochal and practical, and is the dialectical unity of theoretical logic, historical logic and practical logic, which must be adhered to and continuously developed for a long time.
A scientifically complete and logically rigorous theoretical system
Xi Jinping Economic Thought answers a series of major questions such as the political guarantee, fundamental position, basic system, main theme line, development concept and working methods of the development of socialist economy with Chinese characteristics in the new era, has rich and profound theoretical connotations, is a systematic and scientific theoretical system, and opens up a new realm of Marxist political economy.
First, it has rich and profound theoretical connotations.
Xi Jinping Economic Thought is a concrete embodiment of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era in economic construction, with rich and profound theoretical connotations.
In terms of the political guarantee of economic development, we emphasize "persisting in strengthening the party's centralized and unified leadership over economic work"; on the value stand of economic development, we emphasize "adhering to the people-centered development thinking"; on the basis of the system of economic development, we emphasize adhering to "public ownership as the mainstay, the common development of the economy under various ownership systems, distribution according to work as the mainstay, the coexistence of multiple distribution methods, and the socialist basic economic system such as the socialist market economic system"; and in the orientation of the reform of the economic system, it is emphasized." In the understanding of the main contradictions in society, it is emphasized that "the main contradictions in our society have been transformed into contradictions between the people's growing needs for a better life and unbalanced and inadequate development"; in the concept of economic and social development, it emphasizes "adhering to the concept of innovative, coordinated, green, open, and shared development"; on the theme of economic development, it emphasizes that the development of the new stage in the new era "must be high-quality development"; in the construction of a modern economic system, Stressing that this "is an urgent requirement for crossing the threshold and the strategic goal of China's development"; in handling the relationship between man and nature, it emphasizes "planning economic and social development from the height of harmonious coexistence between man and nature" and "striving to build a modernization in which man and nature coexist in harmony"; in scientifically grasping the prominent contradictions in economic operation, it emphasizes "adhering to the supply-side structural reform as the main line"; in the methodology of economic work, it emphasizes "adhering to the general tone of the work of seeking progress amid stability"; in the deployment of new strategies for economic development, it emphasizes "adhering to the problem-oriented" In terms of speeding up the construction of a new development pattern, it is emphasized that "the most essential feature is to achieve a high level of self-reliance and self-improvement", "we must concentrate our efforts on doing our own things well, give full play to the advantages of the domestic super-large-scale market, and gradually form a new development pattern with the domestic cycle as the main body and the domestic and international dual cycles promoting each other"; and so on.
Second, it is a systematic and scientific theoretical system.
Xi Jinping Economic Thought is an important part of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, with a scientific and systematic internal logical structure.
From the perspective of essential attributes, Xi Jinping Economic Thought has profoundly elucidated the political guarantee on which China's economic development depends, as well as the fundamental position and basic system to be adhered to. For example, stressing the strengthening of the party's centralized and unified leadership over economic work, which is the political guarantee on which China's economic development depends, has developed and deepened the understanding of the essential characteristics of socialist economic construction with Chinese characteristics; stressed the need to adhere to the people-centered development ideology, which is the fundamental position to be adhered to in China's economic development, and developed and deepened the understanding of the fundamental purpose of socialist economic construction with Chinese characteristics; emphasized upholding and perfecting the basic socialist economic system, and giving full play to the decisive role of the market in the allocation of resources. Giving better play to the role of the government is the correct direction to be adhered to in China's economic development, and the understanding of the basic socialist economic system has been developed and deepened.
From the perspective of the characteristics of the times, Xi Jinping Economic Thought has deeply revealed the main contradictions in China's society and the historical changes in economic development, and put forward the new normal of economic development, new development concepts, ecological civilization construction, high-quality development and new development stages. For example, stressing that the main contradiction in our society has been transformed into a contradiction between the people's growing need for a better life and unbalanced and inadequate development is a historical change that has a bearing on the overall situation of the work of the party and the state, and scientifically and accurately marks the new orientation and new coordinates of China's socialist modernization drive; it emphasizes the need to adapt to and grasp the new normal of leading economic development, which is an inevitable reflection of the characteristics of the stage of China's economic development, and realistically reveals the major stage changes in China's economic development and its internal logic Emphasizing the adherence to the concept of innovative, coordinated, green, open and shared development, which is a major innovation in China's development concept in the new era, systematically and completely answers the principles that must be adhered to and the relationship between handling well to promote economic and social development; emphasizing that China's economy has shifted from the stage of high-speed growth to the stage of high-quality development, and promoting high-quality development is the fundamental requirement for determining development ideas, formulating economic policies, and implementing macroeconomic regulation and control at present and in the coming period, He timely and profoundly pointed out that promoting high-quality development in the new era is subjective and objectively inevitable; stressing the need to build an ecological civilization, promoting green and low-carbon circular development, striving to build a modernization in which man and nature coexist in harmony, and advancing with the times have explained the important characteristics of China's socialist modernization; stressing that the new development stage is a new stage in which our party leads the people to usher in a historic leap from standing up and getting rich to becoming strong, and it is a stage in the primary stage of socialism, and at the same time it is a stage in which it has accumulated over several decades. Standing at a new starting point, it has shown the historical orientation and development stage of the cause of the party and the people.
From the perspective of strategic arrangements, Xi Jinping Economic Thought put forward the main line to be adhered to in China's economic development, major strategic goals, overall development and security, and the general tone and methodology of work. For example, it emphasizes that at present and for some time to come, it must adhere to the supply-side structural reform as the main line, and clarify the main direction of China's economic development in stages; emphasize that the construction of a modern economic system is a big article, which is not only a major theoretical proposition, but also a major practical topic, and put forward the major strategic goals of China's socialist economic construction in the new era; emphasize overall development and security, and build a new development pattern with the domestic cycle as the main body and the domestic and international dual cycles promoting each other, pointing out China's new development stage, Strategic choice under the environment and conditions; stressing the need to adhere to the general tone of the work of seeking progress in a stable manner, perfecting the theory of socialist state governance with Chinese characteristics; emphasizing that the problem is the voice of the times and the starting point of practice, and adhering to the problem-oriented deployment of the new strategy of economic development, embodying the scientific work method of grasping the main contradictions and the main aspects of the contradictions.
Third, it has opened up a new realm of Marxist political economy.
Xi Jinping Economic Thought scientifically summarizes the latest achievements in China's socialist economic construction, and embodies the inheritance and innovation of Marxist political economy in many fields.
First, it has adhered to and developed the research object of Marxist political economy. Xi Jinping Economic Thought is based on the development of socialism with Chinese characteristics in the new era, starting from the basic contradiction of the opposition and unity of productive forces and production relations, and attaches importance to the study of production relations as well as to the study of productive forces. For example, it emphasizes that "it is necessary to study and practice Marxist thinking on productive forces and production relations"; emphasizes the need to "uphold and improve the socialist system with Chinese characteristics and promote the modernization of the national governance system and governance capabilities"; emphasizes that "the liberation and development of social productive forces is the essential requirement of socialism" and "consciously stimulates the development vitality of social productive forces through the adjustment of production relations, consciously adapts to the requirements of the development of the economic base by improving the superstructure, and makes socialism with Chinese characteristics develop more in line with the law"; emphasizes" Protecting the ecological environment is to protect the productive forces, and improving the ecological environment is to develop the productive forces"; emphasizing that "innovation is the first driving force leading development"; and so on. These ideological achievements not only adhere to the basic principles of Marxist political economy, but also expand the research objects of Marxist political economy with the times.
Second, it has adhered to and developed the methodology of Marxist political economy. Materialist dialectics is the fundamental feature that distinguishes Marxist political economy from other economics. To uphold and develop the materialist view of history is to apply Marxist stands, viewpoints, and methods to study new situations and solve new problems. For example, it is necessary to comprehensively promote the overall layout of the "five-in-one" and the "four comprehensive" strategic layouts; firmly establish and earnestly implement the development concept of innovation, coordination, greenness, openness, and sharing; properly handle the relationship between emancipating the mind and seeking truth from facts, the relationship between overall advancement and key breakthroughs, the relationship between top-level design and crossing the river by feeling the stones, the relationship between boldness and steady steps, and the relationship between reform, development, and stability, and so on. These ideological achievements not only embody the persistence and inheritance of materialistic dialectics, but also embody the innovative application and development of this methodology.
The third is to uphold and develop the marxist theory of political economy on the basic socialist economic system. The basic economic system is the foundation of a social and economic system, the fundamental factor that determines the basic nature and development direction of a society, and an important content of socialist political economy with Chinese characteristics. Since the beginning of reform and opening up, our party has based itself on the basic national conditions and has constantly improved and developed China's basic economic system. In particular, the Fourth Plenary Session of the Nineteenth Central Committee of the Communist Party of China pointed out that the basic socialist economic system, such as the public ownership system as the mainstay and the common development of the economy under various ownership systems, distribution according to work as the mainstay and multiple distribution methods coexisting, and the socialist market economic system, not only embodies the superiority of the socialist system, but also corresponds to the level of development of the social productive forces in the primary stage of socialism in our country, and is a great creation of the party and the people. These ideological achievements not only uphold the basic socialist economic system, but also further enrich and develop the theory on the basic socialist economic system.
Fourth, we have adhered to and developed the Marxist theory of political economy on opening up to the outside world. Openness has become a distinctive symbol of contemporary China. As the world's second-largest economy, China has both developed itself and benefited the world. Xi Jinping Economic Thought creatively put forward a new proposition for building a community with a shared future for mankind. China will always be an important promoter of global common opening up, a stable source of power for world economic growth, a dynamic market for countries to expand business opportunities, and an active contributor to global governance reform; promote economic globalization to develop in a more open, inclusive, inclusive, balanced and win-win direction, so that people of all countries can share the fruits of economic globalization and world economic growth; promote the joint construction of high-quality development of the "Belt and Road"; build a community of global development destiny; and so on. These ideological achievements not only adhere to the Marxist political economy theory of international division of labor and the world market, but also embody Chinese wisdom and Chinese solutions under the great changes in the world that have not occurred in a hundred years.
A historical logic that runs through the past, present, and future
If a country and a nation want to rejuvenate, they must advance in the logic of historical progress and develop in the tide of the development of the times. Xi Jinping Economic Thought originates from history and creates the future, is a scientific guide to guide China's economic development to achieve a historic transformation and comprehensively build a socialist modern power, and is also the crystallization of the historical experience and collective wisdom of the party and the people over the past century.
First, it stems from the historical requirement that socialism with Chinese characteristics enter a new era.
Xi Jinping Economic Thought was formed in the historical context of socialism with Chinese characteristics entering a new era, the main contradictions in society changing, and the economy shifting from a stage of high-speed growth to a stage of high-quality development. Looking back at the century-old road traveled by the CPC and the development course of New China over the past 70 -odd years since the founding of New China, the historical tasks facing our party and country in different periods are different.
After the founding of New China, the greatest historical task was to build and develop its own country well and create more and better conditions to meet the growing material and cultural needs of the masses of the people. On the basis of being poor and white, the party led the people of the whole country to carry out a comprehensive socialist transformation, established a basic socialist economic system, and established and formed a relatively complete industrial system and a national economic system. The party's original theoretical achievements and tremendous achievements in socialist revolution and construction have provided valuable experience, theoretical preparation, and material foundation for creating socialism with Chinese characteristics in the new historical period.
The Third Plenary Session of the Eleventh Central Committee of the Communist Party of China resolutely abandoned the erroneous policy of "taking class struggle as the program" and opened the historical curtain of reform and opening up. At the major historical juncture when the party and the state are facing where to go, based on a profound grasp of the future and destiny of the party and the state, a profound summary of the practice of socialist revolution and construction, a profound insight into the trend of the times, and a profound understanding of the expectations and needs of the masses of the people, our party has made the historic policy decision of shifting the work center of the party and the state to economic construction and carrying out reform and opening up. Emancipating the mind and seeking truth from facts, as our party's ideological line and as a magic weapon for our cause to always maintain its vigor and vitality, has provided an ideological source for China's economic construction and development.
Since the Eighteenth National Congress of the Communist Party of China, the Party Central Committee with Comrade Xi Jinping as the core, on the basis of a deep understanding and accurate grasp of the basic principles and methodologies of Marxist political economy, based on the objective reality of changes in The stage of development of our country and the main contradictions in society, has creatively put forward a series of major judgments that conform to the conditions of the world and the characteristics of the times, and formed systematic theoretical achievements to guide China's economic development to continuously achieve quality change, efficiency change and dynamic change. It can be said that in the face of the new stage of development and new development requirements, the formation and development of Xi Jinping Economic Thought is the historical necessity of our party uniting and leading the people to build a modern socialist country and realize the great rejuvenation of the Chinese nation.
Second, it stems from the continuity of the Guiding Ideology of the Chinese Communists on Economic Development.
The Communist Party of China has always attached importance to the inheritance and innovation of theories and ideas. Xi Jinping Economic Thought inherits the theoretical achievements and ideological essence of several generations of communists on the sinification of Marxism, and scientifically applies Marxist political economy to view and solve new problems facing China's economic and social development in the new era, which is the latest theoretical achievement of the sinification of Marxism.
The Chinese Communists, with Comrade Mao Zedong as the main representative, combined the basic tenets of Marxism-Leninism with the concrete practice of the Chinese revolution and founded Mao Zedong Thought. In the period of the New Democratic Revolution, the New Democratic Economic Program was creatively put forward. In the process of exploring the road of socialist construction, he put forward original viewpoints on the development of China's economy, such as putting forward the theory of the basic contradictions of socialist society, putting forward important viewpoints such as taking overall planning into account, paying attention to comprehensive balance, taking agriculture as the foundation, industry as the leading, and coordinated development of agriculture as the key and heavy.
The Chinese Communists, with Comrade Deng Xiaoping as the main representative, profoundly summed up the positive and negative experiences of China's socialist construction, drew on the historical experience of world socialism, founded Deng Xiaoping Theory, scientifically answered a series of basic questions about building socialism with Chinese characteristics, and made it clear that the essence of socialism is to liberate the productive forces, develop the productive forces, eliminate exploitation, eliminate polarization, and ultimately achieve common prosperity; allow some people and some regions to get rich first, and at the same time pay attention to preventing polarization. The Chinese Communists, with Comrade Jiang Zemin as the main representative, formed the important thinking of "three represents" and successfully pushed socialism with Chinese characteristics into the 21 st century. The Chinese Communists, with Comrade Hu Jintao as the main representative, formed a scientific outlook on development and successfully upheld and developed socialism with Chinese characteristics at a new historical starting point.
The Party Central Committee with Comrade Xi Jinping as the core, in accordance with the new changes in the international and domestic situations, has innovatively made important judgments on many major issues in China's economic and social development. For example, the theory on establishing and implementing the concept of innovative, coordinated, green, open, and shared development, the theory on developing the socialist market economy, enabling the market to play a decisive role in the allocation of resources, and giving better play to the role of the government, the theory on China's economic development entering a new normal, the theory on promoting the mutual coordination of new industrialization, informatization, urbanization, and agricultural modernization, the theory on the ownership, contracting right, and management right attributes of the land contracted by peasants, and the theory on making good use of the two international and domestic markets. The theory of the two kinds of resources, the theory of promoting social fairness and justice and gradually achieving common prosperity for all the people, and so on. These major achievements in theoretical innovation not only contain the valuable experience of successive generations of Chinese communists in leading economic construction, but also contain the profound thinking of the Party Central Committee with Comrade Xi Jinping as the core on the new situation, new problems and new opportunities facing the construction of socialism with Chinese characteristics in the new era.
Third, it stems from the inheritance and development of multifaceted historical experience.
Socialism with Chinese characteristics in the new era came out of the great practice of reform and opening up over the past 40 -odd years of reform and opening up, in the continuous exploration of self-reliance and arduous struggle over the past 70 -odd years since the founding of New China, in the 100 years of suffering and glory of the party leading the people to carry out socialist revolution, construction, and reform, and in the profound summing up of the historical process of the Chinese nation from decline to prosperity for more than 180 years since modern times. It came out of the magnificent glory and dream of the 500 years of world socialism and the inheritance of more than 5,000 years of Chinese culture. Xi Jinping Economic Thought not only inherits and innovates the rich practical experience of the party and the state in governing the country, but also forms on the basis of absorbing the achievements of Chinese civilization and even all human civilizations.
Absorb the nutrition of traditional Chinese culture. As a large developing country with a history of five thousand years of civilization, China has implemented a socialist market economic system unprecedented after reform and opening up, and the guiding ideology leading such a country's economic development must have distinct national and cultural characteristics. Many aspects of Xi Jinping's economic thought reflect the vitality and influence of China's excellent traditional culture. For example, "people-centered" is an in-depth combination of the fundamental position of Marxism and traditional Chinese culture, and there is the idea of governing the country in the Book of Shang, which is "the people's only state, the original solid state"; solidly promoting common prosperity is not only the essential requirement of socialism, but also in line with the value connotation of "the unity of the world" of traditional Chinese culture.
Absorbed useful knowledge from Western economics. Xi Jinping Economic Thought not only scientifically inherits the theoretical essence of Marxist political economy, but also draws on the beneficial components of modern Western economics. General Secretary Xi Jinping pointed out that the knowledge of Western economics on finance, prices, currencies, markets, competition, trade, exchange rates, industries, enterprises, growth, management, etc., reflects the general laws of socialized large-scale production and market economy, and we must pay attention to reference. At the same time, for foreign countries, especially Western economics, we must persist in extracting the essence from the rough, removing the false and the true, insisting on taking ourselves as the mainstay and using it for our own use, and we cannot copy and copy the contents that reflect the attributes and values of the capitalist system and the contents that have Western ideological overtones.
The logic of reality that stems from practice and guides practice
Xi Jinping Economic Thought originates from all economic practices since socialism with Chinese characteristics entered a new era, guides the party to lead the people of the whole country to adapt to changes in the stage of development, environment and conditions, carry out Chinese-style modernization, and achieve historic achievements in building a moderately prosperous society in an all-round way, and promote the great rejuvenation of the Chinese nation into an irreversible historical process.
First, it is rooted in the actual demand for theory of changes in the main contradictions of society.
From the new development concept to high-quality development to the solid promotion of common prosperity, the main line of realistic logic is to adapt to the changes in the main contradictions of society and strive to solve the contradiction between the people's growing needs for a better life and unbalanced and inadequate development.
In the face of changes in the main contradictions in society, the party's leadership of economic work first requires leading cadres at all levels to establish a development concept that is compatible with each other. Xi Jinping Economic Thought emphasizes the need to implement the new development concept completely, accurately and comprehensively. Among them, the concept of innovative development emphasizes innovation as the first driving force, focusing on solving the problem of insufficient development of weak innovation ability, enhancing development momentum, and grasping the initiative of development. The concept of coordinated development emphasizes that coordination is an endogenous characteristic, focusing on solving the outstanding problems existing in the coordinated development of regions, the coordinated development of urban and rural areas, the coordinated development of material civilization and spiritual civilization, and the integrated development of economic construction and national defense construction, and enhancing the overall coordination of development. The concept of green development emphasizes that green is a universal form, focusing on solving ecological and environmental problems and achieving harmonious coexistence between man and nature. The concept of open development emphasizes that openness is the only way, focusing on breaking down the institutional and institutional obstacles that restrict high-level opening up, and better conforming to and leading the trend of world development. The concept of shared development emphasizes that sharing is the fundamental purpose, focusing on solving the problems of unbalanced development such as the large gap in income distribution and the shortcomings of people's livelihood security, so that the development results can be more and more equitable and benefit all the people.
"The contradictions and problems in development are concentrated in the quality of development." Xi Jinping Economic Thought emphasizes higher quality, more efficient, fairer, more sustainable and safer development. Among them, higher quality development focuses on the problem of insufficient effective supply and emphasizes improving the quality of the supply system. More efficient development focuses on inefficiencies, with an emphasis on improving total factor productivity and economic competitiveness. More equitable development focuses on issues of equity of opportunity and income distribution, emphasizing that people have more sense of gain. More sustainable development focuses on the problems existing in areas such as the connection of new and old kinetic energy and green development, and emphasizes enhancing the sustainability of development. Safer development focuses on preventing and resolving major risks, emphasizing overall development and security.
"Achieving common prosperity is not only an economic issue, but also a major political issue related to the party's ruling foundation." Xi Jinping Economic Thought emphasizes the promotion of common prosperity in high-quality development. In view of the problems of regional, urban-rural, and income disparities that exist in development, it is emphasized that common prosperity is the prosperity of all the people, not the prosperity of a small number of people, and it is necessary to form an olive-shaped distribution structure with a large middle and a small end at both ends. In view of the objective differences in the development stages of different regions and the level of economic development in our country, it is emphasized that common prosperity is not a uniform egalitarianism, and we must do our best to do what we can and promote common prosperity in stages. In view of the characteristics of socialist modernization with Chinese characteristics, it is emphasized that common prosperity is the prosperity of the people's material and spiritual lives, strengthens the guidance of the core socialist values, and continuously meets the diversified, multi-level and multi-faceted spiritual and cultural needs of the people.
Second, it is rooted in the practical needs of theory due to profound changes in the external environment.
From high-quality joint construction of the "Belt and Road" to the construction of a global community of destiny for development, from the construction of a new open economic system to the construction of a new development pattern, the main line of realistic logic is to adapt to and lead the profound changes in the external development environment, and actively create a good external environment for China's development.
"Only when the world is good can China be good; if China is good, the world is better." Xi Jinping Economic Thought starts from the concept of a community with a shared future for mankind, emphasizing the high-quality joint construction of the "Belt and Road" and the construction of a global community of common destiny for development. The high-quality joint construction of the "Belt and Road" focuses on mutual benefit and win-win results, adheres to the principle of consultation, co-construction and sharing, advocates multilateralism, emphasizes policy communication, facility connectivity, unimpeded trade, financial integration and people-to-people ties, providing new opportunities for the development of all countries in the world and opening up a new world for China's opening up and development. Building a global community of shared future for development focuses on the challenges facing global development, emphasizes adhering to development priorities, placing development in a prominent position in the global macro policy framework, and building a more equal and balanced global development partnership; adhering to the action orientation, increasing investment in development resources, and focusing on promoting cooperation in the fields of poverty reduction, food security, anti-epidemic and vaccines, financing for development, climate change and green development, industrialization, digital economy, and connectivity.
"To develop and grow, we must take the initiative to conform to the trend of economic globalization, persist in opening up to the outside world, and make full use of the advanced scientific and technological achievements and beneficial management experience created by human society." Xi Jinping Economic Thought emphasizes comprehensively improving the level of opening up to the outside world, building a new system of open economy at a higher level, and forming new advantages in international cooperation and competition. In view of the fermentation of anti-globalization ideologies and the prevalence of protectionism, it is emphasized that economic globalization is still a historical trend, and it is necessary to better build an open world economy. In view of the problem of insufficient representation and inclusiveness in the international governance system, it emphasizes active participation in the reform of the global economic governance system and promotes the improvement of a more fair and reasonable international economic governance system. In view of the possible risks in opening up, it is emphasized that the more open we are, the more we must pay attention to safety, and strive to enhance our own competitiveness, open supervision capabilities, and risk prevention and control capabilities.
"The great rejuvenation of the Chinese nation is by no means something that can be achieved easily by beating a gong and a drum." Xi Jinping Economic Thought emphasizes accelerating the construction of a new development pattern, enhancing our viability, competitiveness, development and sustainability in various foreseeable and unforeseeable storms and storms, and ensuring that the process of the great rejuvenation of the Chinese nation is not delayed or even interrupted. In view of the changes in the external environment and the endowments of China's development factors, it emphasizes the smooth circulation of the national economy, so that production, distribution, circulation and consumption rely more on the domestic market, and improve the adaptability of the supply system to domestic demand. In view of the instability and insecurity of the industrial chain, it emphasizes strengthening the national strategic scientific and technological strength, fighting a key core technology battle, and achieving a high level of self-reliance and self-reliance. In view of the fact that the scarcest resource in the world today is the market, it is emphasized that it is necessary to twist the strategic base point of expanding domestic demand.
Third, it is rooted in the practical needs of theory to solve the major problems facing economic operation.
From the "three-phase superposition", the new normal of economic development to the new development stage, from the supply-side structural reform to the three major battles, the main line of realistic logic is to understand, grasp and effectively solve major problems in the operation of the national economy.
"Correctly understanding the historical orientation and development stage of the cause of the party and the people is the fundamental basis for our party to clarify the central tasks of the stage and formulate the line, principles, and policies, and is also an important experience for our party to continuously win victories in leading revolution, construction, and reform." Xi Jinping Economic Thought emphasizes the historical and dialectical understanding of the phased characteristics of China's economic development, scientific understanding of the current situation, accurately judging the future trend, and proposing theories of "three-phase superposition", the new normal of economic development, and the new stage of development. In view of the new characteristics of economic operation after the Eighteenth National Congress of the Communist Party of China, it is emphasized that China's economy is in the stage of superposition of the growth rate shift period, the painful period of structural adjustment, and the digestion period of the early stimulus policy; it is emphasized that China's economy has undergone trend changes and economic development has entered a new normal, and understanding the new normal, adapting to the new normal, and leading the new normal is the general logic of China's economic development at present and for some time to come. In view of the reality of China's comprehensive construction of a moderately prosperous society and the acceleration of the world's unprecedented major changes in a hundred years, it is emphasized that China has entered a new stage of development, pointing out that the new stage of development is a stage in the primary stage of socialism, and at the same time it is a stage in which it has stood at a new starting point after decades of accumulation.
"At present and for some time to come, the factors restricting China's economic development are on both the supply and demand sides, but the main aspect of the contradiction is on the supply side." Xi Jinping Economic Thought emphasizes the promotion of supply-side structural reform as the main line of economic development and economic work at present and in the coming period. In view of the problems existing in the national economic cycle such as overcapacity, high inventory, high leverage, high costs, and prominent shortcomings, it emphasizes de-capacity, de-inventory, de-leveraging, cost reduction, and short-boarding. In view of the actual needs of deepening the structural reform of the supply side, the eight-character policy of "consolidation, enhancement, promotion and unimpeded" is proposed, emphasizing the consolidation of the results of "three removals, one reduction and one supplement", enhancing the vitality of micro subjects, improving the level of the industrial chain and smoothing the national economic cycle. In view of the requirements of supply-side structural reform for the construction of a new development pattern, it is proposed to improve the adaptability of the supply system to domestic demand, and form a higher level of dynamic balance between demand-driven supply and supply-created demand.
"China's economy has shifted from a stage of high-speed growth to a stage of high-quality development, and it is necessary to cross some conventional and unconventional thresholds." Xi Jinping Economic Thought emphasizes the resolute fight against major risks, precise poverty alleviation, and pollution prevention. In view of the fact that high leverage has become the general root cause of macro financial vulnerability, it emphasizes structural deleveraging as the basic idea and strives to achieve a stable and gradual decline in macro leverage ratio. In view of the handling of the relationship between risk prevention and stable growth, it emphasizes enhancing the economic capacity of financial service entities and resolving financial risks in promoting high-quality development. In view of the fight against poverty with precision, we emphasize adhering to the party's leadership, persisting in giving full play to the political advantages of China's socialist system in concentrating on major events, adhering to the strategy of precise poverty alleviation, and persisting in mobilizing the enthusiasm, initiative and creativity of the vast number of poor people. In view of the fight against pollution, emphasize that green water and green mountains are golden mountains and silver mountains, accelerate the construction of an ecological civilization system, comprehensively promote green development, and effectively prevent ecological and environmental risks.
Source: Economic Daily
Author: Zhao Changwen is the director of the China International Development Knowledge Center and a researcher of the Development Research Center of the State Council