On the Theory of Socialist Market Economy

Liu Guoguang was born in November 1923. He is a specially invited consultant of the Chinese Academy of Social Sciences (CASS) and a member of the academic department of the CASS. His academic expertise is economics. He once served as vice president of the CASS, director of the Institute of economic research, editor in chief of economic research, deputy director of the National Bureau of statistics, etc. He is also a professor in Peking University, Nanjing University, Northeast University of Finance and economics, Shanghai University of Finance and economics.

Part I Establishment of the Theory of Socialist Commodity/Market Economy in China
On the Theory of Socialist Commodity Economy
On Several Issues Concerning the Theory of Socialist Market Economy
Historical Transition from Planned Economy to Socialist Market Economy—marking the 20th anniversary of the Third Plenary Session of the 11th Central Committee of the Chinese Communist Party
Part II Origins and Development of China’s Socialist Market Economy
A Retrospect of China’s Explorations from the Third Plenary Session of the 11th Central Committee of the CPC to the Establishment of Socialist Market Economy
The Evolving Relationship between Planning and Market over 30 years—From the perspective of my personal experiences
Planning and Market in China over the past Six Decades since the Founding of PRC—China’s Exploration and Establishment of the Operational Mechanism of Socialist Economy with Chinese Characteristics
Part III China’s Socialist Market Economy: an Organic
Unity between “Socialism” and “Market Economy”
An Organic Unity between “Market Economy” and “Socialism”—A development road that China should rightfully take
Pursuing a Socialist Market Economy in the Reform Instead of a Capitalist One
A Brief Discussion of the “Marketization Reform”—in what direction china’s reform must and mustn’t head
“Marketization Reform” shouldn’t be the full Name of China’s Reform—An interview with Liu Guoguang, a distinguished Chinese economist
The Right Direction of China’s Reform and Opening-up—China’s market-oriented reform aiming to achieve the self-improvement of socialism
Characteristics of China’s Socialist Market Economy—marking the 20th anniversary of the target for China’s economic restructuring
Part IV Socialist Market Economy does Have Planning
Planning and Public Ownership as the Mainstay of the Economy—the two fundamental characteristics setting socialist market economy apart from capitalist market economy
Planning: Socialist Market Economy’s Forte
Macroeconomic Regulation by Planning to Keep up with the Process of Marketization
On Strengthening the Guiding Role of State Planning before the Formulation of Twelfth Five-Year Plan
Planning and Market: both Required in the Circulation Industry
Part V The Basic Economic System in the Primary Stage of Socialism—the foundation of Socialist Market Economy
Consolidation of the Basic Economic System in the Primary Stage of Socialism—the foundation of socialist market economy
Reflection on Several Issues Concerning the Basic Economic System in the Primary Stage of Socialism
Reflections on Several Issues Concerning the Relations between Distribution and Ownership
Part VI The Goal of Socialist Market Economy—to pay attention to both equity and efficiency with more emphasis on social equity so as to achieve common prosperity
A Transition to “Paying Attention to Both Efficiency and Equity”
Attaching Further Importance to Social Equity
Applying the Principle of “Giving Priority to Efficiency” to Wherever it is Rightfully Needed
To Divide a Cake Equitably: Harder to Achieve than to Bake a Large One
Thoughts on National Prosperity, Prosperity of the People, and Common Prosperity
Income Distribution in the New Era of China’s Reform and Opening-up
To Gradually Abandon the Policy of “Giving Priority to Efficiency with due Consideration to Equity” and Place a Greater Emphasis on Social Equity
Appendix
On the Relations between Planning and Market in Socialist Economy
A Further Study on the Relations between Planning and Market
Macroeconomic Regulation and Economic Equilibrium through Planning
Several Thoughts on Planning and Market
Q & A Concerning the Market-Oriented Reform—An Interview of Liu Guoguang by Southwest Materials Business Newspaper
A Marxist Philosophical Approach to Sum up China’s Reform and Openingup
An Overall Perspective on the History of PRC over the Past Six Decades—the first half and the second half
On Several Issues Concerning Socialist Political Economics