The 27th Annual Conference of the Chinese Society for the Study of Foreign Economic Theories Convened in Anhui

From November 8 to 10, 2019, the “27th Annual Conference of the Chinese Society for the Study of Foreign Economic Theories,” co-hosted by the Chinese Society for the Study of Foreign Economic Theories and Anhui University of Technology, and organized by the School of Business of Anhui University of Technology and the Anhui Innovation-Driven Development Research Institute, was convened at Anhui University of Technology. Among those attending the conference were Cheng Enfu, Chief Professor of the University of the Chinese Academy of Social Sciences, Academic Division Member, and President of the Chinese Society for the Study of Foreign Economic Theories; Party Secretary of the University Liu Xinyue, Professor; Vice Presidents including Hua Guihong, Party Secretary of Jiangsu Normal University; Hu Leming, Institute of Economics, Chinese Academy of Social Sciences; Fang Xingqi, Guangdong University of Finance and Economics; Zhang Xian, Sichuan University; Cao Heping, Peking University; Jia Genliang, Renmin University of China; Feng Jinhua, Shanghai University of Finance and Economics; and Meng Jie, Fudan University. More than 180 experts and scholars from domestic universities, research institutions, and academic journal offices, including the Chinese Academy of Social Sciences, Renmin University of China, Wuhan University, Shandong University, and Jilin University, participated in the conference. Guided by the spirit of the Fourth Plenary Session of the 19th Central Committee of the CPC [1]1 The Fourth Plenary Session of the 19th Central Committee of the CPC, held in October 2019, focused on upholding and improving the socialist system with Chinese characteristics and advancing the modernization of China’s system and capacity for governance., the annual conference focused on the study of foreign economic theories, summarized the 70 years of economic construction in New China, and explored the future economic development of China and abroad.

2019年11月8-10日，由中华外国经济学说研究会和安徽工业大学共同主办，安徽工业大学商学院和安徽创新驱动发展研究院承办的“中华外国经济学说研究会第27届年会”在安徽工业大学召开。中国社会科学院大学首席教授、中华外国经济学说研究会会长程恩富学部委员，校党委书记刘新跃教授，江苏师范大学党委书记华桂宏副会长，中国社科院经济研究所胡乐明副会长，广东财经大学方兴起副会长，四川大学张衔副会长，北京大学曹和平副会长，中国人民大学贾根良副会长，上海财经大学冯金华副会长，复旦大学孟捷副会长等出席会议。来自中国社会科学院、中国人民大学、武汉大学、山东大学、吉林大学等国内高校、研究机构和学术期刊社的180多位专家学者参会。年会以党的十九届四中全会精神为指导，重点研究外国经济学说，总结新中国70年经济建设，探讨中外未来经济发展。

At the opening ceremony, Liu Xinyue, Party Secretary of Anhui University of Technology, delivered a welcome address. He introduced the development history, educational orientation, disciplinary construction, and talent cultivation of Anhui University of Technology and its School of Business, pointing out that General Secretary Xi Jinping’s “three proposals” and “five propositions” [2]2 At the Second China International Import Expo in November 2019, Xi Jinping proposed three initiatives on economic globalization and five propositions for China’s continued opening up. on economic globalization and China’s continued promotion of higher-level opening up, put forward at the Second China International Import Expo, provide a clear direction and guidance for our research on the socialist political economy with Chinese characteristics. He expressed the hope that, guided by the spirit of the Fourth Plenary Session of the 19th Central Committee of the CPC, the participants would, with broad vision, profound commitment, innovative thinking, and forward-looking perspectives, deepen the study of foreign economic theories and offer suggestions and advice for China’s Marxist economic theory and economic and social development.

开幕式上，安徽工业大学刘新跃书记致欢迎辞。他介绍了安徽工业大学以及安徽工业大学商学院的发展历史、办学定位、学科建设和人才培养等情况，指出习近平总书记在第二届中国国际进口博览会上关于经济全球化和中国持续推进更高水平的对外开放的“三点倡议”和“五点主张”，为我们开展中国特色社会主义政治经济学研究提供了明确的方向与遵循。他期待与会代表能够在党的十九届四中全会精神指引下，以广阔的视野、深厚的情怀、新颖的思维和超前的视角，拓展对外国经济学说研究的深度，为我国马克思主义经济学理论与经济社会发展建言献策。

The renowned economist Professor Cheng Enfu delivered the opening address and a keynote report. He pointed out that this annual conference would focus on in-depth discussions around the themes of Xi Jinping’s economic thought on socialism with Chinese characteristics for a New Era, new developments in contemporary Western economics, comparisons between Marxist economics and Western economics, and a summary and outlook on the achievements of China’s 70 years of economic construction. He conducted an in-depth analysis of three major issues: “objectively evaluating Western economics and Marxist economics,” “accurately understanding the achievements and problems of New China’s 70 years of economic construction,” and “scientifically defining the five major features and characteristics of the new imperialism.” First, Professor Cheng emphasized that studying Western economics cannot ignore its class nature. Marx clearly stated that “economists are the academic representatives of the bourgeoisie,” referring here to classical economists such as Adam Smith and David Ricardo. Marx’s emphasis on the class nature of economics and economists remains relevant today. The Western bourgeois economists, represented by the winners of the “Bank of Sweden Prize” [3]3 The “Bank of Sweden Prize” refers to the Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel., are the contemporary academic representatives of the bourgeoisie, especially the monopoly bourgeoisie. Many of their fundamental academic views have serious class biases and value orientations, being neither objective nor scientific. However, their analysis of certain economic phenomena is worth learning from and referencing. This year, the “Bank of Sweden Prize” was not awarded to the neoliberal economists who have produced various economic crises and the opposition between rich and poor, but to scholars studying poverty, which is commendable. Yet their research on poverty and its causal analysis is largely superficial, describing it mainly from the perspective of the poor themselves, rather than deeply analyzing it from the chronic ills of capitalist economic, political, educational, and cultural systems and policies. This is determined by their essential nature as academic representatives of the bourgeoisie. Only Chinese and foreign Marxist economists have been able to, and already have, scientifically revealed the true causes of various forms of poverty from phenomena to essence. Currently, great attention must be paid to the French scholar Thomas Piketty’s new book *Capital and Ideology*, which contains many correct viewpoints worthy of affirmation. Second, Professor Cheng pointed out that the 70-year history of New China can be divided into three major historical stages: before reform and opening up, after reform and opening up, and the New Era after the 18th National Congress of the CPC [4]4 The 18th National Congress of the CPC, held in 2012, marked the beginning of the New Era under Xi Jinping’s leadership.. From the perspective of economic construction, these three stages created “three miracles” in world economic development, successively forming three stages: initial prosperity and strength, secondary prosperity and strength, and moderate prosperity and strength as a “semi-center” of the world economic system. The achievements of economic construction in the first 30 years of New China are brilliant, whether in vertical comparison with old China or horizontal international comparison. The multifaceted development dividends accumulated during the first 30 years of New China are an indispensable foundation and prerequisite for the success of reform and opening up. Third, Professor Cheng pointed out that establishing a theory of new imperialism is extremely necessary for the study of foreign economic theories. New imperialism is a special historical stage of development of monopoly capitalism under conditions of contemporary economic globalization and financialization. It has five features: new monopolies in production and circulation, new monopolies in financial capital, monopolies in the US dollar and intellectual property, new monopolies of international oligarchic alliances, and the frequent intensification of globalized capitalist contradictions and various crises. It has four characteristics: monopolistic and predatory, hegemonic and fraudulent, decadent and parasitic, and transitional and moribund. Based on the analysis of the features and characteristics of new imperialism, Professor Cheng Enfu pointed out that new imperialism is not only a new stage of capitalism developing from free competition, general private monopoly, and state monopoly to international monopoly, and a new expansion of the international monopoly bourgeoisie, but also a new system dominated by a very few developed countries, and a new policy of economic, political, cultural, and military hegemonic imperialism. Judging from the tortuous development of contemporary international justice forces and international class struggle, the 21st century is a new era for the world’s working class and the broad masses of the people to carry out great revolutions and safeguard world peace, a new era for socialist countries to carry out great construction and rapid development, a new era for progressive civilized countries to jointly build a community with a shared future for mankind, and a great era in which new imperialism and global capitalism gradually transition to global socialism.

著名经济学家程恩富教授致开幕词并做主旨报告。他指出，本次年会将围绕主题，在习近平新时代中国特色社会主义经济思想、当代西方经济学的新进展、马克思主义经济学与西方经济学的比较、中国70年经济建设成就总结与展望等方面展开深入研讨。他对“客观评析西方经济学与马克思主义经济学”“准确认识新中国70年经济建设的成就与问题”“科学定位新帝国主义的五大特征和特性”三大问题进行了深入分析。第一，程教授强调学习研究西方经济学不能忽视它的阶级性。马克思明确指出“经济学家是资产阶级的学术代表”，这里的经济学家是指以亚当•斯密和大卫•李嘉图为代表的古典经济学家。马克思重视经济学和经济学家的阶级性，这一点今天仍具有现实意义。以“银行诺奖”获得者为代表的西方资产阶级经济学家是当代资产阶级、尤其是垄断资产阶级的学术代表。他们的许多基本学术观点有严重的阶级倾向和价值偏向，既不客观，也不科学。但他们对于某些经济表象的分析有值得学习和借鉴之处。今年“银行诺奖”没有授予搞出各种经济危机和贫富对立的新自由主义经济学家，而授予研究贫困的学者，这是值得肯定的。但他们关于贫困的调研及其原因分析主要是表象的，较多地从穷人本身来描述，而不是主要从资本主义经济、政治、教育、文化等制度和政策痼疾去深层次剖析，这是由其作为资产阶级学术代表的本质所决定的。只有中外马克思主义经济学家才能、并已经从现象到本质地科学揭示了各种贫困的真正原因。当下须高度重视法国皮凯蒂的新著《资本与意识形态》，其中有很多值得肯定的正确观点。第二，程教授指出，新中国70年历史可分为改革开放前、改革开放后和党的十八大后新时代三个大的历史阶段。从经济建设方面来看，这三个阶段创造了世界经济发展的“三个奇迹”，先后形成初等富强、次中等富强和世界经济体系“准中心”的中等富强的三个阶段。新中国前30年的经济建设成就无论与旧中国的纵向比较，还是与国际横向的比较，其绩效都是辉煌的。新中国前30年建设积攒下的多方面发展红利是改革开放成功不可或缺的基础和前提。第三，程教授指出，确立新帝国主义论对于研究外国经济学说极为必要。新帝国主义是垄断资本主义在当代经济全球化、金融化条件下的特殊历史发展阶段，其具有生产和流通的新垄断、金融资本的新垄断、美元和知识产权的垄断、国际寡头同盟的新垄断、全球化资本主义矛盾和各种危机时常激化五个特征；具有垄断性和掠夺性、霸权性和欺诈性、腐朽性和寄生性、过渡性和垂危性四个特性。依据对新帝国主义特征和特性的分析，程恩富教授指出，新帝国主义既是资本主义从自由竞争、一般私人垄断、国家垄断发展到国际垄断的新阶段，是国际垄断资产阶级的新扩张，也是极少数发达国家主导世界的新体系，是经济政治文化军事霸权主义的新政策；从现阶段国际正义力量和国际阶级斗争的曲折发展来判断，21世纪是世界劳动阶级和广大人民进行伟大革命和维护世界和平的新时代，是社会主义国家进行伟大建设和快速发展的新时代，是进步的文明国家共同构建人类命运共同体的新时代，是新帝国主义和全球资本主义逐渐向全球社会主义过渡的大时代。

The annual conference was divided into two major sections: keynote speeches and group discussions. After the opening ceremony, Professor Ding Xiaoqin of Shanghai University of Finance and Economics gave a keynote speech on “Elaborating on the Thoughts of the 2019 World Marxian Economics Prize Winners”; Professor Zou Wei of Wuhan University on “A Critical Analysis of the Theories of the 2019 Nobel Memorial Prize in Economic Sciences Winners”; Professor Fang Xingqi of Guangzhou University of Finance and Economics on “Re-evaluating Western Comparative Advantage Theory Based on the Sino-US Trade War”; Professor Jia Genliang of Renmin University of China on “Clarifying the Concept of Latecomer Advantage: An Examination from the History of Economic Thought and Its Major Practical Significance”; Professor Feng Jinhua of Shanghai University of Finance and Economics on “Interest Rate Determination Theory and Monetary Policy Based on the Labor Theory of Value”; Professor Meng Jie of Fudan University on “The State Theory of Socialist Political Economy with Chinese Characteristics: Origins, Objects, and System”; Professor Li Guicai of Jilin University of Finance and Economics on “The Limits of Reason: The Evolution and Reflection of Neoliberalism – Also on the Transcendence of Neoliberalism by the Chinese Model”; Professor Yang Hutao of the Chinese Academy of Social Sciences on “What Causes the Long Depression? Can It End? – Explanations from Heterodox Economics and Their Synthesis”; and Professor Hong Gongxiang of Anhui University of Technology on “The Theoretical Origins, Debates, and Reviews of Denying and Questioning the Private Economy.” The experts’ profound insights and novel viewpoints won rounds of applause from the participants.

年会分为主题发言和小组讨论两大板块。开幕式后，上海财经大学丁晓钦教授以“阐述2019年世界马克思经济学奖得主思想”、武汉大学邹薇教授以“2019年诺贝尔经济学奖得主理论评析”、广州财经大学方兴起教授以“基于中美贸易战重新评价西方比较优势理论”、中国人民大学贾根良教授以“后发优势概念的正本清源：经济思想史的考察及其重大现实意义”、上海财经大学冯金华教授以“基于劳动价值论的利率决定理论和货币政策”、复旦大学孟捷教授以“中国特色社会主义政治经济学的国家理论：源流、对象和体系”、吉林财经大学黎贵才教授以“理性的限度：新自由主义的嬗变与反思——兼论中国模式对新自由主义的超越”、中国社会科学院杨虎涛教授以“长萧条因何而起？能否结束——非正统经济学的解释及其综合”、安徽工业大学洪功翔教授以“否定怀疑民营经济的理论来源、论争与评述”为主题分别做了大会主题发言。各位专家以深刻的见解、新颖的观点赢得了与会代表的阵阵掌声。

On the afternoon of the 9th, attending representatives participated in discussions in five groups: “70 Years of Economic Construction in New China and Research on Socialist Political Economy with Chinese Characteristics,” “Research on Marxist Economic Theory,” “Research on Western Economic Theory,” “Research on China’s Economic Issues,” and “Research on International Economic Issues.” A total of 32 representatives presented their research findings in the group discussion sessions. During the keynote speech session on the morning of the 10th, Professor Zhang Xian of Sichuan University, Professor Cao Heping of Peking University, Professor Wu Shanlin of Shanghai University of Finance and Economics, Professor Chen Hong of Nankai University, Professor Long Fu of Wuhan University, Professor Tao Shigui of Nanjing Normal University, Professor Song Xianping of Beijing Institute of Technology, and Professor Jiang Xiaoguo of Anhui University of Technology delivered speeches in succession.

9日下午，与会代表分别参加了“新中国70年经济建设与中国特色社会主义政治经济学研究”“马克思主义经济理论研究”“西方经济理论研究”“中国经济问题研究”和“国际经济问题研究”等五个小组的讨论，共有32位代表在小组讨论阶段重点汇报了自己的研究成果。10日上午的主题发言阶段，四川大学张衔教授、北京大学曹和平教授、上海财经大学伍山林教授、南开大学陈弘教授、武汉大学龙斧教授、南京师范大学陶士贵教授、北京理工大学宋宪萍教授、安徽工业大学江小国教授等先后发言。

At the closing ceremony, the Society awarded certificates for outstanding papers of the 27th annual conference, with 11 paper authors receiving this honor. After discussion, the Society also announced the list of newly elected standing council members and council members. Vice President Zhang Xian delivered the closing address, and the closing ceremony was presided over by Professor Hu Leming.

闭幕式上，学会颁发了第27届年会优秀论文证书，11篇论文作者获此殊荣。学会经过讨论，还公布了增选的常务理事和理事名单。张衔副会长致闭幕词，闭幕式由胡乐明教授主持。

The “Chinese Society for the Study of Foreign Economic Theories” was initiated by Professor Chen Daishun [5]5 Chen Daishun (1900–1997) was a prominent Chinese economist and educator, a pioneer in the study of Western economics in China, and a long-time professor at Peking University. and other renowned senior economists in China, and was established in Beijing in September 1979 as a national first-level economic society dedicated to the study of foreign economic theories. The annual conference of the Chinese Society for the Study of Foreign Economic Theories has also developed into one of the few largest, most academically active, and most influential academic gatherings in China’s economics field, making outstanding contributions to the scientific critique and selective adoption of foreign economic theories and to the development and innovation of Chinese economics.

“中华外国经济学说研究会”是由陈岱孙教授等我国著名的老一辈经济学家发起，于1979年9月在北京成立的研究外国经济学说的全国一级经济学会。每年的中华外国经济学说研究会年会也已发展成为我国经济学领域规模最大、学术交流最活跃、最具影响力的少数学术盛会之一，为科学扬弃外国经济学说和发展创新中国经济学做出了突出贡献。

(Xu Zerong, Yang Jing)

（徐则荣 杨静）