Marxism observes that the basic economic system of a society generally demonstrates significant historical regularity with the connotation of production relations, distribution relations and the corresponding economic operating mechanism. The new generalization of the basic social economic system at the Fourth Plenary Session of the 19th CPC Central Committee is based on the basic facts of the social economic relations in the primary stage of socialism in China, the practical process of the development of the socialist economic relations with Chinese characteristics since the reform and opening up, especially since the 18th CPC National Congress, and the ideological guidance of the development of the basic theories of Marxist political economics in the contemporary era. Xi Jin-ping Thought on Socialist Economy with Chinese Characteristics for a New Era has presented the ideological foresight and theoretical breakthrough for exploring the regularity of China’s basic socialist economic system with Chinese characteristics. The new generalization of the basic social economic system at the Fourth Plenary Session of the 19th CPC Central Committee is of great significance to the socialist political economy with Chinese characteristics in terms of“systematic economic theory”and“rational generalization”.

Editor: Zhong Yao

Studies On Mao Zedong and Deng Xiaoping Theories.2020.No.1.