en.people.cn
Xinhua
November 25, 2015
BEIJING, Nov. 24 — Chinese President Xi Jinping has called for new advances in Marxist economic philosophy by turning practices and experiences in China’s economic development into economic theories.
Xi made the remarks on Monday while presiding over a group study session of the PoliticalBureau of the Central Committee of the Communist Party of China (CPC), China’s topleadership, on the basic theory and methodology of Karl Marx’s political economy.
In face of the extremely complex economic situation at home and aboard as well as variedeconomic phenomena, the study of Marxist political economy could help conducteconomic analysis in a scientific way, improve the capability of managing a socialistmarket economy, and better answer problems of economic development, Xi said.
The CPC has enriched Marxist political economy by combining its basic principles withnew practices in reform and opening up and made many key theoretical achievements, Xisaid, listing acknowledgment of the market’s “decisive” role in allocating resources, the”new normal” theory and its development as examples.
“This new development concept should be used to guide and promote our country’seconomic development, unravel difficult problems, and create new dimension in economicdevelopment,” Xi said.
As the fundamental standpoint of Marxist political economy, the theory of putting peopleat the center should be upheld while deploying work, setting down policies and promotingeconomic development, according to Xi.
The president highlighted the need to uphold and improve the basic socialist economic system, stressing that people should consolidate and develop the public sector while encouraging, supporting and guiding the non-public sector to develop.
“The mainstay status of the public ownership and the leading role of the state-ownedeconomy must not waver,” he said, adding that these could ensure that people from allethnic groups share the fruit of development, and they are guarantees for solidifying CPC’sruling status and adherence to the socialist system.
In addition, Xi stressed that the direction for reforming the socialist market economy andthe basic state policy of opening up should be adhered.
During the group study, members of the political bureau listened to a lecture delivered byProfessor Gu Hailiang from a committee of social sciences under the Ministry ofEducation.
Group study is used by the top leadership to learn about major issues. It was the 28th group study of the current political bureau.
