What is the economic base of China's socialist society?

The economic base of China's socialist society is the relations of production based on public ownership. Public ownership economy refers to the economic form in which the means of production are owned by workers.

Under this economic condition, there are mainly the ownership of the means of production by the whole people and the collective ownership of some working people. In the pattern of simultaneous development of various economies in the primary stage of socialism, the public ownership economy is dominant, and the economy owned by the whole people plays a leading role.

Extended data:

The relationship between socialist public ownership and market economy

The relationship between socialist public ownership and market economy is both antagonistic and unified, and there are obvious similarities and differences between them. Correctly analyzing the relationship between them can lay a solid foundation for the subsequent combination work. Generally speaking, the two have the following relations: commodity exchange should be carried out on the basis of private ownership, but in Marxism, it is pointed out that when the ownership of the means of production is public ownership, it loses the qualification of commodity exchange.

Therefore, the ownership of the means of production belongs to the working people, whose status is equal, and no group or organization can specialize. However, under the background of socialist public ownership, the means of production can be exchanged equally as commodities, which is an exclusive performance. It requires public-owned enterprises to make the management right and ownership independent on the basis of clarifying the public nature of the means of production, and to distribute the benefits reasonably on the basis of ensuring the collective interests.

At the same time, in the process of * * * own capital exchange, we must ensure that we are responsible for the ownership of the people and the country on the basis of realizing the exchange between enterprises, and the business philosophy can be consistent with national supervision. Therefore, in the process of combining socialist public ownership with market economy, we should fully understand their similarities and differences in order to promote the healthy and prosperous development of China's market economy.