Research On The Political Economy Implications Of Xi Jinping’s Economic Thought

Basedon the new era of China’s reform and opening up,Xi Jinping’s economic thought responds to the new development trend of the global economy and creates a new pattern of domestic economic development,constantly deepening the experience of the CPC in governance in the practice of socialist modernization.From the reform and opening up to the 20 th National Congress of the Communist Party of China,although China’s economic construction has achieved rapid development,a series of problems in the process ofdevelopmenthave also begun to emerge.The 2008 financial crisis has led to the fact that the world economy has not been free from its negative impacts,and the conflict between Russia and Ukraine has continued to affect the global market in recent years.Againstsuch historical background,political conservatism and economic protectionism are on the rise,and the global economic recovery lacks motivation.In response totheseproblems,the Party Central Committee with Comrade Xi Jinping as the core faced various risks and challenges,took the initiative to seek changes,and formed a systematic and complete scientific and economic thought in guiding economic construction in the new era.In terms of theoretical origin,Xi Jinping’s economic thought inherited the essence of Marxist economic theory,with generalized production theory and labor theory of value constituting the core and cornerstone;in terms of theoretical innovation,Xi Jinping’s economic thought has deepened the development of Marxist world market theory and anti-poverty theory,and has made a profound contemporary exposition of the value subject and production factors of Marxist political economy;in practice,Xi Jinping’s economic thought has enriched and developed the socialist economic theory with Chinese characteristics,and such theories as the new development concept,supply side reform,Chinese-style modernization development path have provided theoretical guidance for China to achieve the second centenary goal in the middle of this century.As a contemporary Marxist political economy,Xi Jinping’s economic thought endows Marxist political economy with new characteristics of the times,Chinese elements and global vision,adheres to and develops the analytical method,theoretical content and innovation system of Marxist political economy,highlights the theoretical character and contemporary value of Marxist political economy,and opens up a new realm of Marxist political economy.