Research On The Socialist Transformation Of Capitalist Industry And Commerce In Guangxi

It is a pioneering undertaking that the Communist Party of China carried out the socialist transformation of capitalist industry and commerce in the 1950s. This article takes Guangxi as the model,in order to investigate the social background and the practical process of the transformation, make objective evaluation of it,and get some profound consideration from this historical event.During the early years after liberation, according to the policies of utilizing and restricting the Capitalist industry and commerce which was proclaimed by the Central Party Committee, Guangxi embarked on the adjustment of Guangxi’s industry and commerce development. As a result,it has made the full preparation for the Guangxi’s socialist transformation of Capitalist industry and commerce.After the announcement of the General Line in the Transition Period,Guangxi started to implement the transformation of Capitalist industry and commerce.On one hand,they gave publicity to the General Line.On the other hand,they expanded the public-private joint management with measured strokes.And then,following the appeal of the CPC Central Committee,Guangxi implemented the public-private joint management in the entire industry.Finally,the socialist transformation of Capitalist industry and commerce in Guangxi completed in 1956,and all relative works had been done.Due to the implementation of the socialist transformation of Capitalist industry and commerce,Guangxi has built the predominance of state-owned economy.The transformation has also promoted the rationalization of Guangxi’s industrial system,as well as the development of commerce.The socialist transformation of Capitalist industry and commerce in Guangxi has its regional characteristics,and also has lots of faults,which are affected by both the nationwide trend and Guangxi’s working mistakes.Investigation and reflections on Guangxi’s socialist transformation of Capitalist industry and commerce can provide inspiration to China’s economic and social development.For one thing,it helps us to understand the basic economic policies in the primary stage of socialism which is announced by the Communist Party of China. As a result,we can fully recognize the status of public-owned economy and non-public sector.For other thing,we can learn from the experience of Guangxi’s transformation that it is significant to carry out the work of ideological and political guidance and economic policy propaganda.Moreover,Party committee and government should stick to the Masses view and Masses line at work all the time.