Qiushi is a bi-monthly political theory periodical published by the Central Party School and the Central Committee of the Communist Party of China

Communist Party of China

The Communist Party of China , also known as the Chinese Communist Party , is the founding and ruling political party of the People's Republic of China...

. It replaced the Red Flag periodical, which ceased production in June 1988 under directions from Deng Xiaoping

Deng Xiaoping

Deng Xiaoping was a Chinese politician, statesman, and diplomat. As leader of the Communist Party of China, Deng was a reformer who led China towards a market economy...

, owing to China's changing political climate and the Communist Party distancing itself from Maoist class struggle notions of Communist rule in favour of a market

Market

A market is one of many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buyers...

-oriented pragmatic

Pragmatic

Pragmatic may refer to:*Of or related to pragmatism, a philosophical movement*Of or related to pragmaticism, Charles Sanders Peirce's post-1905 branch of philosophy*Of or related to pragmatics, the area of linguistics-See also:...

system. The periodical is widely circulated amongst high-level Communist Party officials.