The Status of Ownership Structure Reform in the Primary Stage of Socialism in Our Country

Author: Hu Jun, Zhou Xinqing, Editors
Publisher:
Publish Date: 2007-01-01
Features: The reform of China's ownership structure is a very complex process. Since the Third Plenary Session of the Eleventh Central Committee, our Party has decided, based on the level and requirements of productive forces in the primary stage of socialism, to moderately develop individual economy, private enterprises, and foreign-invested enterprises as supplements to socialist public ownership. The Fifteenth National Congress of the Communist Party of China emphasized the principle of public ownership as the mainstay and a diversified economic system. This is a product of combining the basic principles of Marxism on the relationship between productive forces and production relations with the specific realities of China. It is theoretically entirely correct and has achieved good results in practice. The guiding ideology of China's ownership structure reform is Marxism. However, during the process of ownership reform, some regions were indeed seriously interfered with by neoliberalism. The trend of privatization spread anded in academia and intellectual circles, exerting considerable influence on practical reforms. Statements in academia denying the superiority of public ownership and advocating privatization almost became fashionable, exemplified by phenomena such as the competitive sale of state-owned enterprises in many regions and placing all hope for economic growth on private enterprises. China's ownership structure reform has been carried out amid intense struggles between Marxism and neoliberalism. As a result, the entire reform has achieved remarkable successes while also giving rise to many problems. Accurately reflecting this complex process is a challenging task. We strive to use various practical materials to expose the existing contradictions and issues while acknowledging the achievements.