ABSTRACT

In order to make China a modern, powerful socialist country by the end of the century, we must work and fight hard in the political, economic, cultural, military and diplomatic spheres, but in the final analysis what is of decisive importance is the rapid development of our socialist economy. Agriculture is the foundation of the national economy. If agriculture does not develop faster, there will be no upswing in our industry and economy as a whole, and even if there is a temporary upswing, a decline will follow, and there will be really serious trouble in the event of major natural calamities. As the economy becomes modernized, the leading role of industry, and especially that of the basic industries, becomes more and more prominent. Socialist commerce is a bridge that links industry with agriculture, urban areas with rural areas and production with consumption.