Abstract: General secretary XIJinping points out thatdevelopment is the master key to solving all problems. China has developed to be the world's second largest economy, the secret of its success lies in having the guidance of the theory of socialist development economics with Chinese characteristics. This theory takes unconventional economic development as the practical logic and western development economics and Soviet political economics textbooks as the critical logic to break through the constraints of the traditional simple economic growth theory of production factors. On the basis of clarifying economic development goals in the vertical and horizontal coordinates of the space-time dimension, it takes the overall economic development as the main line, the development idea, strategy, motive force, main body, and mode as the five elements of overall economic development, the basic social system, the core of national political leadership and a good international environment as the supporting pillars of economic development, so as to construct the theoretical logic of socialist development economics with Chinese characteristics, therefore,an overall transmutation has been realized from the economic growth theory of production factors to the elements theory of overall economic development.

Key words: socialistdevelopment economics with Chinese characteristics, elements of economic development, overall development