As the only country in the world that has achieved positive economic growth, china has to pursue a path of economic development that is unique to china。
The socialist market economy system
Deng xiaoping is the founder of the socialist market economy theory, which has a rich connotation:
1. The planned economy and the market economy are not the hallmarks of the social system, the planned economy is not the equivalent of socialism and the market economy is not the equivalent of capitalism。
Planning and markets are both economic instruments, and the regulation of economic activity has advantages and advantages, which are to be combined in a socialist market economy。

3. The market economy, as a way of allocating resources, does not in itself have institutional attributes and can be combined with different social systems, but it is of a different nature。
Basic features of the socialist market economy system
The socialist market economy system is combined with the socialist basic system, the economic system in which the market, under the macro-regulation of the state, plays a decisive role in the allocation of resources. In addition to the general characteristics of a market economy system, it has its own unique characteristics:
1. The development of a multi-ownership economy based on ownership, with state-owned enterprises playing a leading role through equal competition in ownership structures;
2. In the distribution system, the distribution of labour is the subject, multiple modes of distribution coexist, efficiency prevail, equity is balanced and common wealth is targeted;

3. At the macro level, it is possible to combine current interests with long-term, local and overall benefits, and to better harness the advantages of both the regulatory instruments of the plan and the market。
Iii. Basis for establishing the basic economic system in the early stages of socialism
1. Essentially, it is the objective rule that production relations must be adapted to productivity development。
2. In particular, it is determined by the socialist nature of the country and by the circumstances of its initial phase。
All forms of ownership that meet the “three favourable” criteria can and should be used in the service of socialism。

The eighteen major reports make it clear that the core issue of economic institutional reform is to deal with good government and market relations, and that there is a need for greater respect for market law and better functioning of government。
Case
1. (single) the socialist market economy theory is a major development of deng xiaoping's traditional socialist economic theory, and the following statement about plans and markets is wrong (...)
A. More plans or more markets, not the essence of socialism and capitalism
B. The planned economy is not equivalent to socialism and capitalism has plans

C. The market economy is not equivalent to capitalism, and there are markets for socialism
D. Plans and markets are both economic instruments, without distinction
[answer] d [analysis] the essence of a market economy: the economic form through which social resources are allocated through the market. In short, the market is the place or point of contact where goods or services are exchanged. Markets can be physical or intangible. The essence of the planned economy: the system of economic performance that regulates economic activity in accordance with the government's plan. It is generally the government that formulates the overall objectives of national economic and social development in accordance with pre-defined plans, formulates sound policies and measures, systematically arranges major economic activities and directs and regulates the direction of the economy. The allocation of resources, including what to produce and how much to produce, is determined by the government's plan. Therefore, there is no error in stating the difference between the two. The answer to this question is d。
2. (single topic) at present, the distribution system is being improved, with the distribution of labour as the subject, with multiple distributions. The underlying reasons for our adherence to and improvement of this distribution system are (...)
A. Current levels of productivity development in the country

B. Objective requirements for developing a socialist market economy
C. Objective requirements of a socialist economic nature
D. Contributing to closing the income gap and achieving common prosperity
As [the answer] a [discussed] distribution of production decisions, the underlying reason for maintaining and refining the distribution system based on the distribution of labour as the main subject, with multiple distributions, is determined by the current level of productivity in the country, so a is correct, and b, c and d are not fundamental. The correct answer to this question is item a。




