In the rehabilitation period of China s national economy from 1949 to 1952 there ex- isted four kinds of capitalist economies consisting of bureaucrat-capital economy,foreign capitalist economy,private capitalist economy and state capitalist economy.

A Study of Mao Zedong s Thought on Private Capitalism Round about the Founding of the People s Republic of China;

Mao Zedong holds an analytical outlook of materialist dialectics, draws on and absorbs Lenin s thought in the utilization of capitalism, and on the basis of social and theoretical explanation of new democracy, achieves a series of new innovative ideas about the connotation, nature, position and function of private capitalism.

As an important member of the first leading collective of the Communist Party of China, through his deeply thinking about Chinese reality, Liu Shaoqi gruadually produced the thought of using private capitalism during the course of leading Chinese revolution and construction.

utilizing the achievement of capitalist economy in the period of the New Democratic Revolution is an important part of Mao Zedong s whole economic ideotogy.

China s traditional economic theories have been accompanied by a universal bias-the belief that factors of public ownership never see their presence in capitalist economy.

During the central government in the Soviet Areas, ZHANG Wen tian clearly stated the capitalist economy should be availed and developed by confirming the unavoidence of it, but it should be restricted for the future of socialism.