Theoretical Basis of the Chinese Model:The Theory of Compatibility of Market Economy and Public Ownership

The theoretical basis of the Chinese model is the theory of compatibility of market economy(commodity economy) and public ownership.In terms of the theory of incompatibility of commodity economy and public ownership or compatibility of the commodity economy and private ownership,we can have the theory of socialist non-commodity economy or the theory of privatization reform,but then,there can be no reform.From the theory of compatibility of commodity economy and public ownership,we can have the theory of socialist market economy,which has laid the theoretical foundation of Chinese reform.Reform practice has proved that the theory must be deepened,and the proposition of compatibility of commodity economy and public ownership should be deepened into the theory of compatibility or incompatibility of commodity economy and some forms of public ownership.Exploring the forms of public ownership that is compatible with the commodity economy is the theoretical essence of Chinese model.