Abstract

China's economy is currently facing serious challenges, mainly including abnormal capital outflow, pressure on private enterprises, unprecedented employment, etc. Traditional Marxism, Keynesianism, and neoliberalism are all knowledge systems based on Western problems, propositions, and solutions. China can learn from its reasonable methods and concepts, but it is more important to define Chinese problems, establish its own propositions and find solutions. For solving the problems faced by the Chinese economy today, the suggestions are maintaining policy neutrality, restructuring state-owned and private enterprises, shaping an open environment for large enterprises, adjusting and optimizing the layout of state-owned enterprises, forming healthy financial institutions, building a national unified market, implementing institutional openness, encouraging private enterprises to go global, strengthening the predictability of policy adjustments, and establishing a professional and neutral economic policy institution.