The authors try to dialectically understand the basic economy system in the elementary socialist stage, and the relative spirit presented in the reports of the fif-teeth Party Conference, using the feature of the image, object and summarization.
Both trends are the obstacles to underatanding how to adhere to the fundamental economic system built on the basis of the main status of public ownership and common development of diversified ownership economy.
The reform to have the socialist market economy as the selected fundamental economic system of resource allocation has lead to qualitative change in the institutional environment of China's higher education which influences its resource allocation mechanisms.
At present,it is of great significance to protect the legal income of non-labouring for adhering and improving the fundamental economic system,implementing the joint distribution principles according to labours and according to production elements,and promoting the further development of the socialism market economy.
Therefore, a basic understanding of the reformation of the current system of farming land in our country calls for application of the theory of “agriculture being the foundation of our national economy” and “the basic economic system of our country”,in order to solve the problems successfully that pop up during the reforming course.