Socialist market economy
The socialist market economy (SME) is the economic system and model of economic development employed in the People's Republic of China. The system is based on the predominance of public ownership and state-owned enterprises within a market economy. The term "socialist market economy" was first used during the 14th National Congress of the Communist Party of China in 1992 to describe the goal of China's economic reforms. Originating in the Chinese economic reforms initiated in 1978 that integrated China into the global market economy, the socialist market economy represents a preliminary or "primary stage" of developing socialism. Despite this, many Western commentators have described the system as a form of state capitalism.
Chinese ideals of female beauty
Modern Chinese society is highly influenced by Western capitalist and Marxist thoughts. The Chinese would not describe themselves as a completely Capitalist country, nor a purely Marxist country. They fundamentally ignore this type of question about the essence of its political position, and develop their economy, politics, culture and feminism in their own way. They call themselves a socialist market economy with Chinese characteristics. The rise of Chinese feminist development is highly influenced by the claims of the “new “ China (since the early 19th century) and its government that it would save the Chinese woman from the “old society” and set women’s minds free (Chun, 2008). An article published in the widely circulated journal Dushu uses an earlier nativist satire to argue that women themselves voluntarily
desired the beauty of small feet (footbinding) into the first decades of the twentieth century, despite the elite, male-dominated discourse of liberation and equality that assailed the practice.