A Preliminary Study on the Logical Structure of the System of Xi Jinping Thought on Economy

Lu Pinyue

Journal of Shanghai University of Finance and Economics Vol. 25, Issue 06, pp. 3 - 14 (2023)  DOI:10.16538/j.cnki.jsufe.2023.06.001

Summary

Xi Jinping Thought on Economy is the socialist political economy in the 21st century that achieves the great rejuvenation of the Chinese nation under the unprecedented changes in the world in a century. It takes the “new development concept” (innovative development, coordinated development, green development, open development, and shared development) that puts the people at the center as the overall outline, and takes the implementation of the “four-pronged comprehensive strategy” (comprehensively building a socialist modernized country, comprehensively deepening reform, comprehensively implementing the rule of law, and comprehensively enforcing strict governance of the Party) to solve the main contradictions of economic construction in the new era as the main line, which forms the general theory of Xi Jinping Thought on Economy. This general theory is developed through the practice of economic construction at various levels, and forms economic thoughts at various levels. At the level of production relation system, the economic thoughts of the economic system (including a series of basic economic systems with public ownership as the main body and various forms of ownership co-developing) and the economic policy system (including supply-side structural reform and other policies) are formed. At the level of productive force system, the economic thoughts of the new development pattern (accelerating the new development paradigm with domestic circulation as the mainstay and domestic and international circulations reinforcing each other) and the new development strategy (including national and regional economic development strategy) are formed. At the level of economic environment, the thoughts of ecological environment (such as “Lucid waters and lush mountains are invaluable assets”) and economic security are formed. On the relationship between the Chinese economy and the world economy, the thoughts of the world economy and its practical plans (such as the Belt and Road Initiative) are formed. Finally, as the ultimate goal of these thoughts, the thoughts of human modernization are formed. It is under the guidance of this ideological system that the 1.4 billion Chinese people have created the miracle of China’s economic take-off in the 21st century: moving from an extensive development model to high-quality development; historically eliminating absolute poverty; achieving the initial success of a series of regional economic belt strategies; the ecological environment is fundamentally improved; the Belt and Road Initiative has being creating the material foundation for a community with a shared future for mankind; and so on, which becomes a living political economy written on the earth.

Keywords

new concept for development; economic system; economic policy; new development pattern; new development strategy