Xu Guihua，Born in Yangzhou， Jiangsu Province in Dec.1934， Prof. Xu Guihua joined in the PLA Navy in Jan.1951. Being admitted to Economics Department of Fudan University in 1956， he had been teaching and researching there as Professor in Economics and doctoral supervisor for decades since 1961. He earned his fame as an eminent economist in comparative economics of contemporary China by revolutionarily defining and framing the concepts of "China's socialist market economy" and "China's joint-stock economy" among others in 1990s. He did extensive researches in the field of economics， comparative economic system， comparative economic theory and contemporary Chinese economy. His works include： Theory and Policy Research on China's Reform and Opening-up [1991]， Preliminary Explorations into Theories on Comparative Socialist Economic [1992]， China's Ownership Structure and Property Rights Policies [1996]， Public Ownership and Joint-stock Ownership [1996]， Public Ownership and SOE Reform [1998]， China's Socialist Political Economics [2008]， China's Strategic Choices for Economic Security [2014]， The Road to China's Socialist Market Economy [2014]， etc.

　　The Road to China's Socialist Market Economy is the most representative and pioneer work of Prof. Xu Guihua in the field of China's transition from central planning economy to socialist market economy. Being closely linked to different stages of this transition journey， al articles in the book are historic testimonies of solutions to tackle difficult issues at that time， and solid intellectual footprints of Prof. Xu's breakthrough in his navigation and exploration. For decades， policy makers and economists around the world have been asking the questions： What are the unique characteristics of China's socialist market economy? What are the magic solutions that lead to China's remarkable success? This book will give you the key to the answer.

　　★I decide to name the book The Road to China's Socialist Market Economy. On one hand， it hints the research and exploration on socialist economic system， which can be traced all the way back to Lange， and still carries on developing and expanding； on the other hand， the book offers a direct answer to Kornai's The Road to a Free Economy， making it clear to the world that Kornai's road is not the only path for all socialist countries.
　　——Xu Guihua

Chapter I Stage of Social Development in China
Correct Assessment of China's Social Development Stage
Key Development in the Stages of Socialism

Chapter II China's Socialist Market Economy
Declaration of China's Socialist Market Economy

Chapter III Feasible Socialist Joint-stock System
On the Nature， Implications and Implementation of a Joint-stock Economy
Analysis on Utility of Joint-stock System
Feasible Socialist Joint-stock System
On the Study of Public Ownership Forms
Approaches for State-owned Enterprises to Adopt Modem Corporate System-A Study on Shanghai

Chapter IV On Great International Economic Circulation
A Few Thoughts on China's Integration into the International Economy
Strategic Thinking on Coordinated Domestic and International Economic Circulation

Chapter V Sannong Issue： Top Priority for China
What's the Priority of Sannong Issue for China?

Chapter VI Explorations and Thoughts on China's Capital Market
General Proposals for China's Securities Market Development

Chapter VII China's Strategies and Policies for Economic Security
China's National Strategy for Economic Security

Chapter VIII New Changes and Innovations in Economic Methodology
Economics Should Seek Changes and Innovations in Paradigm and Thinking

Afterword to the First Edition