Xi Jinping Economic Thought Blends Chinese Context and Global Vision

Xi Jinping Thought on Economy is emerging as a significant guiding principle for China's ongoing transition towards sustainable growth. This ideological framework not only reflects China's unique context but also integrates a global perspective, positioning the nation as a key player in international economic collaboration.
At the helm of the Central Committee of the Communist Party of China, Xi Jinping has demonstrated commendable political courage by fostering innovative theoretical exploration. This initiative deepens the understanding of socialist principles while advancing the progression of human society, resulting in the formulation of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era.
Central to this development is the recognition that economic work stands as the primary responsibility of the Party and the nation. The Communist Party of China views effective governance in the economic sphere as vital to its leadership role in the country.
Xi Jinping Thought on Economy underpins the broader tenets of Xi Jinping Thought on Socialism for a New Era, encapsulating the CPC's ongoing efforts led by Xi to innovate on theoretical, practical, and institutional fronts within the economic domain.
This economic thought synthesizes Marxist political economics while also learning from and transcending Western economic models. It is grounded in China's distinctive national conditions and aims to provide scientific guidance to navigate the complexities of economic and social development.
As a critical resource for Party members and citizens, the selected works of Xi Jinping prove instrumental in both understanding and implementing his economic philosophies. The compilation of his significant contributions from 2012 to 2024 serves to offer concrete guidance for economic governance in the current era.
Delving into Marxism's foundational principles, Xi Jinping Thought on Economy emphasizes the importance of advancing Marxist political economy through contemporary lenses. It addresses previously unexamined theoretical and practical issues that contemporary society presents.
The evolution of productivity theory stands out as a pivotal focus, emphasizing the necessity for a broader perspective that encompasses both production relations and productivity itself. This is essential for sustaining the practical relevance and vitality of political economics in guiding China's economic trajectory.
Moreover, the development of new quality productive forces reflects a profound shift in economic theory, providing insights into how various factors, including industrial, technological, and institutional elements, can enhance productivity. This marks a significant advancement in the theoretical landscape of modern Marxist political economics.
Xi Jinping Thought on Economy asserts the relevance of aligning economic practices with China's specific developmental stages, showcasing the nation's journey towards socialism through a framework distinct from Western linear economic theories.
In guiding China's modernization efforts, Xi Jinping Thought on Economy highlights the importance of maintaining a balanced approach to growth that prioritizes ecological and environmental stability, thus emphasizing the interconnectedness of development pursuits.
As China's economic landscape continues to evolve amidst various challenges, a steadfast commitment to studying and implementing Xi Jinping Thought on Economy remains essential for harnessing the opportunities that promote high-quality and sustainable development. This pursuit aligns with the broader goal of realizing the Chinese dream of national rejuvenation.
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