Social Sciences in China Review

No.1, 2020

The Institutional Value of China’s Path in World Economic Change: From the Perspective of Foreign Left-Wing Scholars (Abstract)

Song Chaolong and Li Wenyu

Accompanying the profound changes in world economic patterns, the achievements and institutional attributes of the Chinese road and its significance have become a research focus for foreign left-wing scholars. Their understanding focuses on three keywords: economic development, the Soviet model and neoliberalism. Economic development is the most dazzling achievement of all and is related to the Chinese abandonment of the Soviet model and their rejection of neoliberalism. China’s path is a universal one; other countries can learn from it.