Xi's thought a development of Marxism

At a conference to mark the 200th birth anniversary of Karl Marx in the Great Hall of the People in Beijing on May 4, President Xi Jinping said Marx's theories shine with the brilliance of truth even after the profound changes in human society. The most valuable and influential asset that Marx has left us with is Marxism, which "illuminated the path of humanity's exploration of the law of history, and humanity's search for their own liberation".

In his speech, Xi summarized the characteristics of Marxism saying it is a people-centric scientific theory, which creatively reveals the law of social development. As such, Marxism is the theory of the people, aimed at building a system based on ideology to strive for liberation of humanity. Marxism is also a practical theory, which guides people's action to change the world. Marxism is a continuously developing open system as well, which has always stood at the forefront of the times.

Marx's profound exploration of the world may have been based on the existing systems and conditions during his times, but it goes beyond his times in terms of spirit and philosophy. It is the essence of the spirit of those times as well as all times, including the present and the future. Therefore, Marxism is trans-generational universal truth, but it has to be developed so that it can be applied to the reality of modern times.