Discussion on the New Normal of China’s Economy under Marx’s Economic Cycle Theory

Zhao Sun

Shandong Foreign Languages Vocational College, Rizhao, 276826,China

Abstract: China’s economic development has entered a critical stage - the new normal of the economy, how to achieve the new normal of China’s economic development is an urgent problem that China needs to solve. Based on the above background, this paper proposes a study on the new normal of China’s economy under Marx’s economic cycle theory. Firstly, Marx’s economic cycle theory is introduced in detail. Secondly, based on it, the solutions of the new normal of China’s economy are studied and analyzed. It is mainly divided into two aspects: the economic new normal needs to achieve the adjustment of economic structure and the adjustment of income distribution.

Keywords: Economic cycle theory; Marx; China; Economy; New normal