Social Sciences in China (Chinese Edition)

No.10, 2022

 

Adhering to Problem-Oriented Innovation in China’s Economic Theory

(Abstract)

 

Liu Shouying and Xiong Xuefeng

 

The current innovation of Chinese economic theory lags behind the country’s great economic practice. Centering on this situation, we use the two important periods of the 1930s-1940s and 1980s-1990s, when Chinese economic theories flourished, as examples that demonstrate the key role and basic connotations of problem-oriented methodology of political economy in responding to major economic problems and providing theoretical support for economic decision-making, its analytical logic that responds to the major concerns of the times, focuses on the interaction between productive forces and production relations, enters the real world and discovers its own unique character, as well as the methodological advantages in accurately understanding national conditions and institutional characteristics, distils theory from practice, analyses and explains economic and social change, and aims to solve real-life problems. On the new journey of building a modern socialist country in a comprehensive way, it is necessary for Chinese economics circles to adhere to the problem-oriented approach to political economy, to respond to and solve the major economic theoretical and practical problems of the new era, and to actively promote the innovation of economic theories and the construction of an autonomous knowledge system that manifests the Chinese path, Chinese governance and Chinese principles.