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Volume 53 Issue 11
January 2022
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    Citation: Jianhua ZHANG and Yuwen ZHOU. Theoretical Innovation in Development Economics Based on China’s Practices[J]. Academic Monthly, 2021, 53(11): 39-48. shu

    Theoretical Innovation in Development Economics Based on China’s Practices

    • Abstract

      China’s economy has shifted to a stage of high-quality development, facing new opportunities and challenges. Existing development theories are unable to respond to contemporary Chinese issues, and new theoretical guidance is urgently needed for the new development stage. It is timely to promote theoretical innovation in development economics based on China’s practice. Since the 1840s, generations of Chinese scholars have made significant contributions to the emergence and development of development economics. Since the reform and opening up, China has formed a unique development path through a lot of practices and accumulated rich experience in economic development, which has laid a solid foundation for the innovative development of development economics. To promote theoretical innovation in development economics in the future, on the one hand, we should pay attention to the summary and refinement of China’s development practices and develop them into a systematic economic theory; on the other hand, we should transform and innovate the existing theoretical framework and paradigm based on China’s practices, so as to provide theoretical guidance for China to achieve high-quality economic development, and provide policy reference and models for solving the world’s economic development problems.
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      1. [1]

        SHEN Yifei . Theoretical Genealogies of the Emotional Economy and the Chinese Context. Academic Monthly, 2026, 58(7): 129-142.

      2. [2]

        LIU Wei . Several Important Theoretical Issues Needing Further Clarification for the Growth and Expansion of the Private Economy. Academic Monthly, 2026, 58(7): 41-53.

      3. [3]

        ZHAO Lin ,  ZHANG Boyu ,  LIANG Hua . The Relationship Between Monopoly and Innovation in Information Product Markets——A Growth Network Perspective. Academic Monthly, 2026, 58(7): 64-76.

      4. [4]

        LIN Shangli . China's Mission in Constructing Original Theories and Its Methodological Foundation. Academic Monthly, 2026, 58(7): 5-11.

      5. [5]

        ZHOU Mujun . Between Theory and Empirical Facts: Habermas and the Sociological Debate on the Public Sphere. Academic Monthly, 2026, 58(8): 157-170.

      6. [6]

        LI Ting . From The Reproductive Institution to the Fertility Transition in Contemporary China. Academic Monthly, 2026, 58(7): 143-156.

      7. [7]

        HE Jun . Confucius's Paradigm Shaping of Chinese Philosophy. Academic Monthly, 2026, 58(8): 56-69.

      8. [8]

        ZHANG Jun ,  FANG Hongsheng . Intergovernmental Fiscal Relations and Economic Growth. Academic Monthly, 2026, 58(8): 70-90.

      9. [9]

        WANG Gang . Viewing the Cultural Intent of the “Xueheng School” from Hu Xiansu's Teachers and Friends's Group. Academic Monthly, 2026, 58(7): 206-216.

      10. [10]

        WEN Jun . From Technical Tokens to Social Tokens: the Ontological Construction of Token Sociology. Academic Monthly, 2026, 58(8): 145-156.

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          Theoretical Innovation in Development Economics Based on China’s Practices

          • Available Online: 2021-11-20

          Abstract: China’s economy has shifted to a stage of high-quality development, facing new opportunities and challenges. Existing development theories are unable to respond to contemporary Chinese issues, and new theoretical guidance is urgently needed for the new development stage. It is timely to promote theoretical innovation in development economics based on China’s practice. Since the 1840s, generations of Chinese scholars have made significant contributions to the emergence and development of development economics. Since the reform and opening up, China has formed a unique development path through a lot of practices and accumulated rich experience in economic development, which has laid a solid foundation for the innovative development of development economics. To promote theoretical innovation in development economics in the future, on the one hand, we should pay attention to the summary and refinement of China’s development practices and develop them into a systematic economic theory; on the other hand, we should transform and innovate the existing theoretical framework and paradigm based on China’s practices, so as to provide theoretical guidance for China to achieve high-quality economic development, and provide policy reference and models for solving the world’s economic development problems.

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