From Humiliation to Renaissance: Foreign Debt of New China and Socialism with Chinese Characteristics

Author: Xu Yi
Publisher:
Publish Date: 2005-07-01
Features: This volume takes foreign debt as an entry point to study the history of China's political and economic development over the past 50 years since the founding of the new China. Its purpose is to learn from history and focus on explaining two key issues: What is the origin of the socialist public ownership economy? How to build socialism with Chinese characteristics. To this end, we have focused our research on the following questions: The historical inevitability of China's choice of the socialist development path after a century of humiliation; The necessity and correctness of implementing the socialist planned economy in China during the 1950s and 1960s; The significant achievements of the new China in its first 30 years created the prerequisites for our reform and opening-up in the new era; China is still in the primary stage of socialism; The importance of building a socialist market economy in the primary stage of socialism; The major role played by foreign debt and foreign capital in China's social and economic development; The correct role of capital as a link in developing a socialist market economy; The approaches and methods to address the "three rural issues" and achieve five coordinated developments and harmonious development in the journey to build a moderately prosperous society in all respects, and so on.