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The Emergence, Evolution and Streams of China’s National Economics

China Social Science Review

No.2, 2020

 

The Emergence, Evolution and Streams of China’s National Economics

(Abstract)

 

Liu Rui

 

China’s contemporary national economics is an applied economic subject aimed at studying how to operate and manage the economy nationwide. It began with the introduction of the Soviet Union’s planned national economy and was transformed following reform and opening up. The disciplinary construction of China’s national economics has evolved from “nationwide economic planning” to “nationwide economic management” and thence to “national economics,” which saw the initial setting up of a disciplinary framework represented by the different streams of planning, management, accounting and complex systems. In terms of disciplinary construction, we need to highlight two major propositions: research into development strategies and planning and research into macro-economic regulation. This is carried out through the organic combination of theory and practice, enabling a better explanation of the economic thought of socialism with Chinese characteristics.