Date of Pub: 2021-12

ISBN: 978-981-4915-11-3

Author: YANG Ruilong

About the Author

YANG Ruilong is a distinguished professor of Renmin University of China and a Cheung Kong Scholar. He has published extensively in the fields of socialist economic theory, institutional economics, and disequilibrium economics. Yang received the eighth and tenth Sun Yefang Prize, the Young Teachers Award by the Ministry of Education, and the first prize in the third and eighth Award for Outstanding Research Achievements of Institutes of Higher Education (Humanities and Social Sciences). He was also nominated for the National Hundred, Thousand and Ten Thousand Talents Project by the Ministry of Human Resources and Social Security, and the Trans-Century Training Programme Foundation for Talents by the Ministry of Education.

 

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.

China’s economy has undergone a tremendous transformation in the 40 years since its reform and opening-up was launched in 1978. Today, the nation has embarked on a new era—an era that finds its economy in uncharted waters, tested with new conditions, challenges, and demands. Economic Reform in the New Era dissects the ins and outs of the country’s economic reform in the new era, exploring touchstones such as the new normal of the economy, the shifts in reform methodology, the relationship between the government and the market, the drive to build up innovation capacity, and the upgraded systems and functions of state-owned enterprises. These developments in the world’s second-largest economy will ripple through the global economy and prove to be of worldwide significance.