Concept of "Socialist Market Economy

The target of economic system reform in China, which was proposed in the fourteenth National People's Congress, is to establish socialist market economic system. It has been nearly ten years since the formulation. So far great achievement has been achieved in the development of socialist market economy and open-door policy, but a series of economic and social problems has come into being at the beginning of the century. The paper begins with discriminating the analysis of socialist market economy, and the author pointes out that it was not only a economic one, but a political one, and a cultural one. It helps us build a overall, harmonious and healthy society correct conprehension of the definition.