Abstract: Since China’s reform and opening up four decades ago, the establishment and healthy development of the socialist market economy has been closely linked to the forward-looking theoretical analysis and policy suggestions given by representatives from the School of New Marxist Economics. By comparative analysis of a variety of cited literature, the author argues that the School of New Marxist Economics scholars Guoguang Liu, Enfu Cheng, and Zuyao Yu, have made an outstanding contribution not only to the construction of the socialist market economy theory and socialist political economy with Chinese characteristics academically, but also to the comprehensive deepening of reform and the strengthening of technology power building in practice.

Key words: socialist market economy; “Chinese School” of socialist market economy; School of New Marxist Economics in China

From: World Review of Political Economy 2020 11 (1)

Editor: Wang Yi