Overview
After 40 years of rapid development driven by reform and opening-up, the Chinese economy has entered a new normal with a fundamental shift in its development model from pursuing speed to seeking quality. It was against this background that Xi Jinping Thought on socialist economy was born, aiming to provide both theoretical and practical guidance for understanding and responding to the new normal. Socialist Economy with Chinese Characteristics examines the theoretical origins of the Thought and associated concepts and strategies such as supply-side structural reform, socialist market economy reform, a new macro-control framework, and further opening-up, and
discusses how they help China achieve its goal of becoming a great, modern socialist country. This book provides a good primer for readers worldwide to understand the Chinese economy as its importance and influence continues burgeoning in the 21st century.
What's New
Outlines China's economic changes over the past seven decades, along with the evolution of the principal contradiction facing its society
