Purpose More and more statistics have repeatedly shown that as the economic development has entered the New Normal, the Chinese fiscal system has experienced tremendous changes. Although chance cannot be ruled out, much of those changes indicate trends, and they can even be said to be the result...

Purpose - Expanding the research on traditional history of economic ideology into the research on the history of economics composed of three elements - history of ideology, history of policies and events - is a new idea for researching the history of socialist political economy with Chinese...

Purpose - Francois Quesnay, known as the "Confucius of Europe", was profoundly influenced by traditional Chinese culture to form his thoughts, which contained strong Chinese characteristics. This paper aims to examine economic thought of Francois Quesnay from the perspective of the construction...

Purpose The purpose of this paper is based on China's economic fundamentals. Factor input, structural optimization and institutional reform, which determine the fundamentals of China's economic development, will actively prop up long-term, sustained and stable growth of the Chinese economy and...

Purpose General Secretary Xi Jinping pointed out that to uphold and develop socialist political economics with Chinese characteristics, the authors should be guided by Marxist political economics. Design/methodology/approach It is an essential methodological principle for building a theoretical...

Purpose At present, the Chinese economy has entered the "new normal" phase with the transformation of development stages from the low-income to the middle-income ones. Accordingly, there appear a series of innovations in development theories. Innovations involve creative destructions. Therefore,...

Purpose As the crystallization of Chinese wisdom and the shared wealth of all humanity, the Socialist Political Economy with Chinese Characteristics (SPECC) not only reveals the specific traits of SPECC but also indicates the general rules of the global economic development, showing both...

Purpose Economic theories on structural change focus on factors such as fluctuations in relative prices and income growth. In addition, China's reform and opening up has also been accompanied by increasing openness, significant fluctuations in investment rates, and frictions in the labor market....

Purpose In the process of reform, although every landmark theoretical breakthrough is marked by the speech of the highest leadership of the Communist Party of China (CPC) or the decision of the CPC National Congress, each breakthrough is attributable to the theoretical contribution made by the...

Purpose The shared development concept is crucial for the construction of a socialist political economy with Chinese characteristics. The paper aims to discuss this issue. Design/methodology/approach This is because shared development constitutes the logic thread of the socialist political...