The Political Economy of the Chinese Path to Modernization

The Communist Party of China applies Marx's modernization theory, focusing on the contradiction between social production and social needs, while adapting production relations to developing productive forces. It also integrates Marxist principles with China's realities and traditional culture, rejecting capital logic, maintaining a people-centric approach, and pursuing institutional and self-reform. Consequently, the Chinese path to modernization follows general patterns of global modernization in production mode, political system, social relation, value orientation, and world market, while exhibiting uniqueness in leadership, basic systems, population scale, development goal, cultural progress, ecological development, and foreign relations. the Chinese path to modernization validates Marx's modern social theory empirically, transcends capitalist modernization's limitations, and advances Marxist modernization theory. Moving forward, a problem-oriented, systemic approach remains crucial, addressing key aspects of fundamental contradictions. By developing a modern economic system aligning supply with changing demand, China continually advances socialist modernization and contributes to modernization theory.