On the unification of finance and economics in the newly liberated area of central China and its effectiveness(1947-1949)
In 1947,Liu Deng's army attacked the outer lines and approached the Dabie Mountains,which opened the prelude to the strategic liberation war.The Central Committee of the Communist Party of China(CPC)suspended the Second Leap Forward according to the change of the war situation,and decided to concentrate its troops to fight a big war in central China.As a result,the reconstruction of a solid liberated area of Central Plains was imminent.The unification of finance and economics is the key to the construction of the Central Plains New Area,with grain collection and currency being the two core financial issues to be resolved foremost.The CPC established an independent financial system by unify-ing the collection of grain and the mobilization of finances with a reasonable burden,and by unifying the financial market through the issuance of Zhongzhou coins.CPC carried out both revolutionary struggles and democratic government building at that time.The practice of unification of finance and economics in the Central Plains was a manifestation of the CPC's"building government in revolution",which provided wartime support for the strategy of"strategizing the Central Plains"in military,economic,and political aspects,and specifically manifested itself in the unification of the front-end guarantee of war work and munitions supply,the establishment of a new economic order dominated by public economy.The unifica-tion of finance and economics in the Central Plains under the background of the war embodied the CPC's thinking and practice of the new democratic economy.
war of liberationthe newly liberated area of central Chinathe unification of finance and economicsnew democracy economy