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Chen Yun’s Contribution to the Theory of Socialist Market Economy and Its Practical Significance

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DOI: 10.23977/infse.2021.020204 | Downloads: 10 | Views: 844

Author(s)

Yi Ren 1

Affiliation(s)

1 School of Physics and Astronomy, Shanghai Jiao Tong University, Dongchuan Road, Minhang District, Shanghai, China

Corresponding Author

Yi Ren

ABSTRACT

Since the reform and opening up, China’s economic development has made miraculous and remarkable achievements. At present, compared with the initial stage of reform and opening up, China’s economic strength has made a qualitative leap, and its economic aggregate has ranked the second in the world since 2010. An important reason why China’s economic development has made such great achievements since the reform and opening up is that China has implemented the socialist market economic system. The socialist market economic system wasn’t formed out of thin air, and its theoretical basis lay in the socialist market economic theory. The theory of socialist market economy was the crystallization of the collective wisdom of the core administrative department of China in the process of leading the people of the whole country to carry out socialist construction. As an important member of first generation of collective leadership and the second generation of collective leadership in the core administrative department of China, Chen Yun has made outstanding contributions to the formation and development of the theory of socialist market economy. This paper mainly discussed his contribution to the theory of socialist market economy, and analyzed its practical significance combined with the reality of the development of China’s socialist market economy.

KEYWORDS

Chen Yun, Theory of Socialist Market Economy, Contribution, Realistic Meaning

CITE THIS PAPER

Yi Ren. Chen Yun’s Contribution to the Theory of Socialist Market Economy and Its Practical Significance. Information Systems and Economics (2021) 2: 15-21. DOI: http://dx.doi.org/10.23977/infse.2021.020204.

REFERENCES

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