Date of Pub: 2021-05
ISBN: 978-981-4915-08-3
Author: LIU Wei
About the Author
LIU Wei is currently a professor of economics and the president of the Renmin University of China. As one of China’s leading economists, he is concurrently a member of the People’s Bank of China Monetary Policy Committee, the China Economists 50 Forum, and the PRC State Council’s Academic Degree Review Committee, as well as the chair of the Ministry of Education’s Academic Guiding Committee for Higher Economic Education. Professor Liu’s distinguished career in education spans over four decades. He previously served in Peking University as executive vice president, director of the Institute of Humanities and Social Sciences, dean of the School of Economics, and editor-in-chief of the journal Economic Science. As a distinguished Yangtze River Scholar professor (2005), the highest professorship in China awarded by the Ministry of Education, Liu has published extensively in China’s leading journals, authored or co-authored 26 books, and led the drafting of China’s Economic Growth Report from 2004 to 2013.
About the Content
The Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era was first announced during the 19th National Congress of the Communist Party of China (CPC) in October 2017 and subsequently written into the Party’s Constitution. Five months later in March 2018, the Thought was enshrined in the Constitution of the People’s Republic of China by China’s national legislature, the National People’s Congress. According to Chinese media, the Xi Jinping Thought epitomizes the CPC’s latest achievements in adapting Marxism to the Chinese context and encapsulates the practical experience and collective wisdom of the Party and the people. As a leading ideology, it will guide China’s pursuit of peace and development for at least the next decade, and will undoubtedly have an impact on the whole world given China’s current status as an economic power. Studies on Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era consists of 10 books written by prominent scholars from Renmin University of China. In these books, the authors offer
their interpretations of and insights on various aspects of the Thought, including its origin and significance, as well as its manifestations in Party building, economic development and reform, ecological civilization, education, diplomacy, state governance, rural revival, and poverty alleviation.
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, featuring a transition from pursuing speed to seeking quality. It was against this background that Xi Jinping Thought on socialist economy with Chinese characteristics 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 the readers worldwide to understand the Chinese economy as its importance and influence continues burgeoning in the 21st century.