Attempt at Socialist Market Economy and Man's All-Round Development

Economic development, social progress and man's allround development are in essence a unity, while man's emancipation is of ultimate, fundamental significance. The property of socialist market economy is different from that of capitalist market economy. It creates necessary conditions and forms objective needs andrealistic possibilities for the allround development. The needs and possibilities are to be recognized by man conscientiously, and the possibilities are to be realized by man's conscientious effort in the practice of building, reformingand developing socialist market economy.