Contemporary Finance & Economics ›› 2020, Vol. 0 ›› Issue (6): 3-13.

• Theoretical Economics •     Next Articles

Review of Wei Xinghua's Economic Thought: Main Contents, Features and Contemporary Value

XU Shu-yun1, LI Jian-jian2   

  1. 1. Southeast Academic Journal, Fuzhou 350001;
    2. Fujian Normal University, Fuzhou 350001, China
  • Received:2020-01-24 Revised:2020-03-25 Online:2020-06-15 Published:2020-12-10

Abstract: A large number of outstanding Marxist economists have emerged during the process of the development of socialist practice in China. They have continuously pioneered, innovated and created a number of theoretical achievements with Chinese characteristics and Chinese style, laying the foundation for the continuous innovation and development of Marxist economics, which has enriched the development history of Marxist economics. Professor Wei Xinghua is an authoritative expert in the field of Marxism studies in China. He has been devoted to the study of Marxist economics and socialist economic theory and practice with Chinese characteristics for nearly 70 years, and has made outstanding contributions to the development of Marxist political economics. Wei Xinghua's economic thought covers a very rich content, including the study of the basic principles of Marxist economics, the study of the socialist economic theory with Chinese characteristics, and the thinking of the new development concept in the new era. Wei Xinghua's economic thoughts show the characteristics of sticking to the position of Marxist economic theory, bravely discriminating the right and wrong issues of the major economic theories, paying attention to the major issues of socialist reform and development, sticking to the practice of economic development, and grasping the pulse of the times. The contemporary value of Wei Xinghua's economic thought is mainly reflected in three aspects: promoting the construction of the theoretical system of socialist political economics with Chinese characteristics, providing a theoretical basis for China's socialist economic reform and practice, and making outstanding contributions to the construction and development of the discipline of political economics.

Key words: Wei Xinghua, Marxism, socialist market economy

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