Socialism · Full chronicle and history

People’s Daily published an article praising the achievements of North Korean socialist construction, hinting that the Chinese Communist Party may draw on the North Korean model.

On the evening of July 4, 2026, Trump delivered a speech at the 250th anniversary celebration of the nation's founding on the National Mall in Washington, attacking communism and saying it is like a cancer that must be cut out.

Xinhua News Agency published an article concerning the CCP's 14th National Congress and Deng Xiaoping, re-emphasizing the socialist market economy and related historical line.

In early 1992, Deng Xiaoping promoted and proposed the development of a socialist market economy, and the relevant line was confirmed during the 14th National Congress of the CCP.

Han Xiu said that with the launch of the Socialist Education Movement in 1964, class backgrounds were upgraded: in rural areas, middle peasants could be labeled as rich peasants and rich peasants as landlords, and many young people were consequently affected in their school advancement.

In January 1956, Beijing and large and medium-sized cities across the country rapidly completed the state-private joint ownership of entire industries. Through a fixed-interest system, the state peacefully bought out private industry and commerce, marking the basic completion of the socialist transformation of the ownership of the means of production.