Three Subjects about the Socialist Economic System with Chinese Characteristics

The socialist economic system with Chinese Characteristics has four outstanding characteristics.At present,the system is confronted with three challenges of the medium income trap,of resources,population and the environment,and of the new international situation.In this context,in improving the socialist economic system,we must uphold the socialist road with Chinese characteristics conducting economic reform with Chinese characteristics,uphold the basic economic system in which the public ownership is dominant and different economic sectors develop side by side creating a sound economic environment with Chinese characteristics,regard development as the top priority in governing and rejuvenating the country and in promoting the growth of economy,pursue an independent foreign policy of peace expanding opening up with Chinese characteristics,actively transform the mode of economic development promoting scientific development of economy with Chinese characteristics.