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Socialism With Chinese Characteristics
Socialism with Chinese characteristics ( zh, s=中国特色社会主义, hp=Zhōngguó tèsè shèhuìzhǔyì) is a set of political theories and policies of the Chinese Communist Party (CCP) that are seen by their proponents as representing Marxism–Leninism adapted to Chinese circumstances and specific time periods, consisting of Deng Xiaoping Theory, Three Represents (Jiang Zemin), Scientific Outlook on Development ( Hu Jintao), and Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era. In this view, Xi Jinping Thought is considered to represent Marxist–Leninist policies suited for China's present condition while Deng Xiaoping Theory was considered relevant for the period when it was formulated. The term entered common usage during the era of Deng Xiaoping and was largely associated with Deng's overall program of adopting elements of market economics as a means to foster growth using foreign direct investment and to increase productivity (especia ...
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Material Wealth
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. An individual possessing a substantial net worth is known as ''wealthy''. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts). At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts.Denis "Authentic Development: Is i ...
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Central Committee Of The Chinese Communist Party
The Central Committee of the Chinese Communist Party, officially the Central Committee of the Communist Party of China, is a political body that comprises the top leaders of the Chinese Communist Party (CCP). It is currently composed of 205 full members and 171 alternate members (see list). Members are nominally elected once every five years by the National Congress of the Chinese Communist Party. In practice, the selection process is done privately, usually through consultation of the CCP's Politburo and its corresponding Standing Committee. The Central Committee is, formally, the "party's highest organ of authority" when the National Congress is not in a plenary session. According to the CCP's constitution, the Central Committee is vested with the power to elect the General Secretary and the members of the Politburo and its Standing Committee, as well as the Central Military Commission. It endorses the composition of the Secretariat and the Central Commission for Di ...
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Zhengzhou
Zhengzhou (; ), also spelt Zheng Zhou and alternatively romanized as Chengchow, is the capital and largest city of Henan Province in the central part of the People's Republic of China. Located in north-central Henan, it is one of the National Central Cities in China, the centre of Central Plains area, and serves as the political, economic, technological, and educational center of the province. The Zhengzhou metropolitan area (including Zhengzhou and Kaifeng) is the core area of the Central Plains Economic Zone. The city lies on the southern bank of the Yellow River. Zhengzhou is a major hub of China's national transportation network, with railways connecting Zhengzhou to Europe and an international airport. Zhengzhou is a and a State-list Famous Historical and Culture City. As of 2020, there are two World Cultural Heritage Sites in Zhengzhou. The Zhengzhou Commodity Exchange (ZCE) is China's first futures exchange. Zhengzhou Airport Economy Zone is China's first Airport ...
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Mao Zedong
Mao Zedong pronounced ; also Romanization of Chinese, romanised traditionally as Mao Tse-tung. (26 December 1893 – 9 September 1976), also known as Chairman Mao, was a Chinese communist revolutionary who was the List of national founders, founder of the People's Republic of China (PRC), which he led as the chairman of the Chinese Communist Party from the Establishment of the People's Republic of China, establishment of the PRC in 1949 until Death and state funeral of Mao Zedong, his death in 1976. Ideologically a Marxist–Leninist, his theories, military strategies, and political policies are collectively known as Maoism. Mao was the son of a prosperous peasant in Shaoshan, Hunan. He supported Chinese nationalism and had an anti-imperialist outlook early in his life, and was particularly influenced by the events of the Xinhai Revolution of 1911 and May Fourth Movement of 1919. He later adopted Marxism–Leninism while working at Peking University as a librarian and bec ...
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Productive Forces
Productive forces, productive powers, or forces of production (German: ''Produktivkräfte'') is a central idea in Marxism and historical materialism. In Karl Marx and Friedrich Engels' own critique of political economy, it refers to the combination of the means of labor (tools, machinery, land, infrastructure, and so on) with human labour power. Marx and Engels probably derived the concept from Adam Smith's reference to the "productive powers of labour" (see e.g. chapter 8 of ''The Wealth of Nations'' (1776)), although the German political economist Friedrich List also mentions the concept of "productive powers" in ''The National System of Political Economy'' (1841). All those forces which are applied by people in the production process (body and brain, tools and techniques, materials, resources, quality of workers' cooperation, and equipment) are encompassed by this concept, including those management and engineering functions technically indispensable for production (as co ...
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Sun Yefang
Sun Yefang (; 24 October 1908 – 22 February 1983) was a pioneering Chinese economist. Biography Sun was born in Wuxi County (now Wuxi), Jiangsu, on 24 October 1908. His elder brother (1895–1980) was a politician in the government of the Republic of China. His cousin Xue Muqiao was a economist and politician. He studied at Sun Yat-sen University and after graduation, he taught political economy and translation at Zhongshan University and at Moscow East Worker University. In 1930, he returned to China to take part in organizing the China Rural Economy Research Association. He also edited the journal ''Zhongguo Nongcun'' (中国农村, Rural China). After the Chinese Civil War, he held positions as head of the Department of Heavy Industry, Shanghai Military Control Commission; Assistant Commissioner, State Statistical Bureau; Director, Economics Institute at the Chinese Academy of Science; Commissioner, Fifth Session of Chinese People's Political Consultative Conference ...
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Xue Muqiao
Xue Muqiao (; 25 October 1904 – 22 July 2005) was an eminent Chinese economist and politician. He was instrumental in introducing and implementing economic reforms that transformed China into a socialist market economy by participating in the development of the ideological concept of a primary stage of socialism. Xue was born in Wuxi, Jiangsu Province as Xue Yulin (). He served as the director of National Bureau of Statistics of the People's Republic of China in 1950's. He was a fellow of Chinese Academy of Sciences. In 2005, Xue received the first Outstanding Achievement Award of Economics in China. Early life Xue was born into an educated family of a formerly wealthy clan experiencing both social and economic decline. When Xue was a child, his father committed suicide because of the family’s overwhelming debt burden. Xue joined the Communist Party of China at age 23, and studied Marxism and economics while imprisoned by the Nationalist forces for his activism in the rai ...
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Economic Reforms In China
The Chinese economic reform or reform and opening-up (), known in the West as the opening of China, is the program of economic reforms termed "Socialism with Chinese characteristics" and "socialist market economy" in the People's Republic of China (PRC). Led by Deng Xiaoping, often credited as the "General Architect", the reforms were launched by reformists within the Chinese Communist Party (CCP) on December 18, 1978, during the "Boluan Fanzheng" period. The reforms went into stagnation after the military crackdown on 1989 Tiananmen Square protests, but were revived after Deng Xiaoping's Southern Tour in 1992. In 2010, China overtook Japan as the world's second-largest economy by nominal GDP and in 2017 overtook the United States by becoming the world's largest economy by GDP (PPP). Prior to the reforms, the Chinese economy was dominated by state ownership and central planning. From 1950 to 1973, Chinese real GDP per capita grew at a rate of 2.9% per year on average, albeit ...
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Orthodox Marxism
Orthodox Marxism is the body of Marxist thought that emerged after the death of Karl Marx (1818–1883) and which became the official philosophy of the majority of the socialist movement as represented in the Second International until the First World War in 1914. Orthodox Marxism aims to simplify, codify and systematize Marxist method and theory by clarifying the perceived ambiguities and contradictions of classical Marxism. The philosophy of orthodox Marxism argues that material development (advances in technology in the productive forces) is the primary agent of change in the structure of society. Orthodox Marxists believe that certain social systems (e.g. feudalism, capitalism and so on) become contradictory as productive forces develop, resulting in social revolutions in response to those mounting contradictions. This revolutionary change is the vehicle for fundamental society-wide changes, and ultimately leads to the emergence of new economic systems. In the term orthod ...
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Communist Society
In Marxist thought, a communist society or the communist system is the type of society and economic system postulated to emerge from technological advances in the productive forces, representing the ultimate goal of the political ideology of communism. A communist society is characterized by common ownership of the means of production with free access to the articles of consumption and is often classless, stateless, and moneyless, implying the end of the exploitation of labour.''Critique of the Gotha Program'', Karl Marx. Communism is a specific stage of socioeconomic development predicated upon a superabundance of material wealth, which is postulated to arise from advances in production technology and corresponding changes in the social relations of production. This would allow for distribution based on need and social relations based on freely-associated individuals. The term communist society should be distinguished from the Western concept of the communist state, the lat ...
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