Humanistic economics is a major theoretical proposition put forward by General Secretary Xi Jinping based on the practice of China's economic development. Looking back on, the modernization of China and the West began with the awakening of humanistic spirit, but took different development paths due to the difference in humanistic orientation. The proposal ofistic economics not only provides value norms for promoting Chinese-style modernization, but also provides enlightenment for reflecting on and transcending the crisis of modernity, and reshaping the of economic development and the paradigm of global governance. It thus contributes Chinese insights with oriental wisdom to the fundamental questions that human society is thinking about in the 21st century such as "what kind of development does humanity need", "how to achieve common development", and "what kind of modernization path to take".

The proposal of humanistic economics signifies a profound turn in the development of modern economics. It shifts the scale of economic from "things" to "people", striving to explore the humanistic foundation and ethical dimension of economic activities, and achieving a critical transcendence of Western mainstream economics. This turn-examines the normative questioning about the fundamental purpose and ultimate meaning of development, and integrates this questioning into the concrete, holistic, and historical examination of individual life, social interaction and the evolution of civilization, thereby exploring the economic development path that can carry individual dignity, shape social consensus, and continue the thread of civilization.
In terms of research, humanistic economics demonstrates a multi-dimensional, all-embracing, and intergenerational return to humanity. "Multi-dimensional" reflects a comprehensive understanding of human existence.istic economics maintains that humans are neither purely calculating economic beings in neoclassical economics nor "one-dimensional beings" disciplined by technical rationality and consumerism. Humans are always cultural beings whose behavior is deeply rooted in the network of meaning and traditional customs; they are dynamic beings, with the subjectivity of reflection, creation, and transcendence of the established structure; are also beings pursuing all-round development, whose needs cover material satisfaction, social recognition, spiritual wealth, and self-realization at multiple levels. "All-embracing" the inherent requirement for inclusiveness and social justice in development. Humanistic economics adheres to the proposition in the "Communist Manifesto" that "the free development each is the condition for the free development of all", emphasizing that economic development must benefit all people. China's magnificent practice of poverty alleviation is a vivid reflection of this. "Intergenerational" extends humanistic care from the present to the future. Humanistic economics focuses on intergenerational equity and sustainable development, believing that real development must come at the expense of exhausting the ecological environment, resource base, and development opportunities of future generations, and requiring that the economic behavior of contemporary people must bear the civilized responsibility for future.
In terms of development goals, humanistic economics establishes a diversified, balanced, and contextual value orientation.Diversified" is reflected in the emphasis and integration of economic value, social value, ecological value, and cultural value. Humanistic economics opposes the equation of economic growth with progress, emphasizing that development must simultaneously create four dimensions of well-being: economic value provides material basis and operational efficiency, social value builds trust, fairness, and cohesion, ecological ensures the sustainability of development and the natural foundation, and cultural value carries meaning, identity, and spiritual heritage. "Balanced" reflects the harmonious coexistence within society, among, and between humans and nature. Humanistic economics seeks institutional solutions for efficiency and fairness, production and distribution within society; advocates for cooperative mechanisms that balance development differences, adjust interests positions, and resolve structural tensions among nations; and insists on dynamic equilibrium between ecological carrying capacity and development needs, resource utilization and natural regeneration between humans and nature. "Contextualized embodies a profound respect for the regional heterogeneity, adaptability, and cultural rootedness of development paths. Humanistic economics emphasizes the traditional wisdom of suiting measures to local conditions denies the existence of a "standard answer" that fits all situations, and advocates that any development plan must be embedded in specific natural conditions, historical traditions, institutional environments, and psychology.
In terms of the logic of realization, humanistic economics points to an incentive mechanism that unifies personal interests with social responsibilities, ethical norms with historical missions, relies on the deep integration of effective markets, proactive governments, and ordered societies. Among them, the effective market is the discoverer and integrator of diverse values, allocating only tangible material resources but also, through mechanisms such as property rights definition, price formation, and reputation dissemination, converting non-economic values such as social trust, ecological well-, and cultural heritage into measurable, tradable, and accumulable economic signals and social capital, thus transforming choices into rational advantages in market competition. The proactive government is the of institutional rules, the investor of long-term interests, and the guardian of public values, translating concerns for the well-being of all people, intergenerational fairness, and continuation of civilization into a stable institutional environment and a clear expectation framework, which not only helps to make up for market failures but can also actively shape and cultivate new markets and new industries carry humanistic values. Ordered society, as the carrier of humanistic spirit and local knowledge, undertakes multiple functions of value nurturance, ethical supervision, and community construction, trust and cultivating public morality through community networks, public welfare organizations, and public opinion domains in daily life, ensuring that the development process does not deviate from people's needs and the long-term well-being of the community.
Help the Chinese Model of Modernization Move Forward with Firm Steps
Humanistic economics not only provides a theoretical framework for interpreting the world also a practical guide for transforming it. It systematically transforms the people-centered development philosophy into an operational, assessable, and sustainable system of economic development policies and governance actions. provides a new ethical foundation for solving global development dilemmas and governance deficits and offers crucial methodological support for advancing the Chinese model of modernization.
First, it helps build diverse set of goals that prioritize the people, shifting the evaluation of development from growth-oriented to well-being-oriented. In the eyes of humanistic economics, the single growth centered on GDP fails to measure the quality, inclusiveness, and sustainability of development. Therefore, humanistic economics focuses not only on "how much output" but also on " kind of output" and "for whom", requiring the construction of a composite indicator system that encompasses economic vitality, social equity, ecological security, and cultural prosperity. It includes quality, income distribution, public services, the ecological environment, social trust, and residents' happiness in the government performance evaluation and policy evaluation framework. Through the shift in the "ing rod," it guides the systematic adjustment of public resource allocation, industrial policy formulation, territorial spatial planning, and inter-regional horizontal collaboration to ensure that economic growth is truly into tangible well-being that the people can see, touch, and feel.
Second, it helps to build a modern industrial system empowered by humanities, and to promote the transformation of economic momentum from-driven to value-driven. According to the humanistic economy, the core competitiveness of modern industry stems from its creative transformation of diverse values, rather than the simple accumulation and "olutionary" competition of traditional factors. Therefore, we should promote the "culture " and " culture" of industries, activate the aesthetic value and economic potential of ecological resources historical relics and cultural heritage, and inject them into product design, brand storytelling and consumption scenarios, so that culture can become an important support for enhancing industrial added value, brand and market competitiveness. We should promote the greening of industries and the industrialization of green, vigorously develop circular economy and ecological industry, and transform environmental responsibility from a cost burden a core competitiveness and a new growth point through technological innovation. We should guide enterprises to integrate corporate social responsibility, employee welfare and other factors into corporate governance, especially to inject humanistic into algorithm design, and to pay attention to the safety, dignity, skills development and work meaning of workers.
Third, it helps to build a people-oriented national system and to promote the transformation of governance mode from the logic of management to the logic of service. The humanistic economy emphasizes that people are the ultimate purpose of development, and governance should also be based on the care and service for the people. In terms of governance concept, we should adhere to the fundamental purpose of serving the people wholeheartedly, and the protection of citizens' economic, social and cultural rights and the promotion of their all-round development as the fundamental starting point of governance, and fully reflect the bias protection for vulnerable and the priority response to people's livelihood concerns in policy making and execution. In the process of governance, we should practice the whole-process people's democracy, and integrateatory governance into the full chain of agenda setting, program making, decision execution, supervision and evaluation of public policies and affairs, and guarantee the people's right to know,, express and supervise. In terms of governance evaluation, we should take the people's sense of gain, happiness, security and satisfaction as the fundamental standard to measure the effectiveness governance, and further optimize the effectiveness of government governance.
Fourth, it helps build a community with a shared future for mankind, and shifts the global governance from a zero-sum game to a cooperative and symbiotic.General Secretary Xi pointed out: "No country can pursue its absolute security on its own, nor can any country gain stability from the turmoil of other countries.In the face of global challenges such as climate change, energy shortage, and unbalanced development, humanistic economics, with its concern for the universal dignity all humankind, common welfare, and intergenerational equity, provides an ethical foundation for transcending short-sighted national interest calculations and building a sustainable global cooperation system. It for the implementation of sovereign equality, adherence to international rule of law, practice of multilateralism, and advocacy of people-centered and action-oriented approaches under the concept a community with a shared future for mankind. Through means such as technology sharing, green cooperation, and construction assistance, it supports the sustainable development and inclusive growth of late-developing, forming a community where you have me and I have you.