Introduction to Chinese Economics

Wang Yannan had a clear idea of the construction of Chinese political economy from a very early stage, stating: "We already know that in the founding stage of the study of the Chinese economy, there are two major tasks that must be accomplished in succession: (1) on the negative side, it is necessary to mercilessly criticize all the theories that impede the understanding of the Chinese economy, especially the consciousness of the traders, which is as rampant as that of the commercial capital. (1) on the negative side, a merciless critique of the theories that hinder the understanding of the Chinese economy, especially the businessman's consciousness, which is as rampant as that of commercial capital; and (2) on the positive side, the need to adopt a developmental, comprehensive, and comparative approach based on correct economic theories to the transformative nature of China's economic transition in order to discover the tendencies and rules of certain basic movements of the Chinese economy. These two tasks are obviously not easily accomplished." 1 Chinese economics, the conventional term for Chinese political economy, is in fact "Chinese economic originalism". Wang Yannan once took the semi-feudal and semi-colonial old China as the object of study, and analyzed the general outlook of old China's political economy, its main contradictions, and its direction of development. By taking the whole of China - the whole of history and culture - as the object of study, we can build a "Chinese political economy". Liu Yongji has done a good job of inheriting the research and has written the following monographs: Critique of Chinese Official Culture (2000), Chinese Economic Contradictions: An Outline of Chinese Political Economy (2004), Chinese Political Economy - Subjects - Doctrine - Themes - Propositions (2010), and Exploration of the Methodology of Chinese Political Economy (2015). 2015). There are also a number of monographs, such as Chen Shi-Qing, Explaining and Reconstructing the Chinese Economy (2009), and Cheng En-Fu, Reconstructing Chinese Economics (2015). All of these studies emphasize the national-historical orientation of economics and the principle of modern innovation, and all of them take into account the latest academic developments. It can be seen that taking Marxism as the guide, emphasizing tradition, serving modernity, and taking the road of combining ancient and modern, Chinese and Western is its basic direction. We should focus on this way of thinking to rebuild "Marxism" as the body, "Western learning" as the use of "nationalism" as the root to guide China's mainstream economics.