Contemporary Finance & Economics ›› 2021, Vol. 0 ›› Issue (12): 3-14.

• Theoretical Economics •     Next Articles

Centennial Industrialization under the Leadership of the Communist Party of China: Development, Experience and Prospect

LI Xiao-hua1, SHEN Ji-lou2   

  1. 1. Institute of Industrial Economics, CASS, Beijing 100006;
    2. Renmin University, Beijing 100872, China
  • Received:2021-07-26 Online:2021-12-15 Published:2021-12-20

Abstract: In the early days of its founding, the Communist Party of China (CPC) carried out its exploration of industrialization in the revolutionary base areas. After the founding of the People’s Republic of China (PRC), CPC led the people in the whole country to further begin the magnificent process of industrialization. After a hundred years of struggle, China has been changed from an agricultural country with a very weak industrial foundation into an industrial power in the world with the largest industrial scale, the most complete industrial categories, the most perfect industrial supporting facilities, the continuous enhancement of innovation ability and the rising division of labor status in the global value chain. During the three stages, i.e., from the founding of the CPC to the founding of New China, from the founding of New China to the reform and opening up, and from the reform and opening up to the present, the industrialization under the leadership of CPC has such characteristics as always sticking to a people-centered approach, always putting industrial development in the important position of the overall national development, always keeping to the path of industrialization with Chinese characteristics, always adhering to the principle of self-reliance and opening up to the outside world. At present, China’s industrialization is facing a new environment including the reconstruction of the global industrial chain pattern under the counter globalization, the new round of sci-tech revolution and industrial transformation, etc.. On the new journey towards the second centennial goal of building a modern socialist strong power in all respects, China needs to unswervingly further promote its industrialization and realize high-quality industrialization.

Key words: the Communist Party of China, socialism, industrialization, manufacturing industry

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