Socialist Economic System with Chinese Characteristics as the Inheritance and Development of Scientific Socialism -A Critique of Three Popular Misunderstandings

The basic principle of the economic system in scientific socialism is the theoretical root for socialist economic system with Chinese characteristics. Socialism with Chinese characteristics is part of scientific socialism, andthepractical experience of world socialism is an important reference for the establishment and development of socialist economic system with Chinese characteristics. The national conditions of China in the primary stage of socialism are the realistic basis for the formation of this economic system, and the socialist economic system will transit from its primary stage to the intermediate stage, followed by the higher stage, and eventually reach communist society. Socialism with Chinese characteristics and its economic system provide a good example and model that can be used as a reference for the world. Various economic models of scientific socialism should learn from each other and achieve progress together. It is erroneous for the viewpoints to "sever scientific socialism from socialism with Chinese characteristics", or consider "the primary stage of socialism to be eternal" and "socialist economic system with Chinese characteristics as the only model", among others.