Constructing China’s economic system and academic discourse system requires us to base on our practice and solve China’s problems. It’s of great necessity to summarize the experience, construct the discourse, refine ideas, and innovate theories, so as to build the economic system and academic discourse system with Chinese feature, style and vision. What’s more, western economics cannot replace our own exploration and thinking. Chinese economists need to create the system of socialism with Chinese characteristics.The conditions for the construction have been satisfied. We should take Xi Jinping’s thought on the socialism with Chinese characteristics in the new era as the guidance, adhere to the standpoint, view, and method of Marxism Political Economics, boldly absorb the research results of contemporary western economics, and summarize the experience of constructing China’s socialist market economy in the past 70 years. It’s of great necessity to reveal its objective regulations on economic system, operation, and development. We should summary and refine key points from the practice of constructing China’s socialist economy. Then, we need to independently put forward original theoretical viewpoints, test them, and develop them in practice.


