Question

There is no fundamental contradiction between socialism and a market
economy. The problem is how to develop the productive forces more
effectively. We used to have a planned economy, but our experience over
the years has proved that having a totally planned economy hampers the
development of the productive forces to a certain extent. If we combine a
planned economy with a market economy, we shall be in a better position
to liberate the productive forces and speed up economic growth. ...

using this conext what was the purpose of this speech

Answer 1

Based on the given context, the purpose of this speech is to argue that there is no contradiction between socialism and a market economy. The speaker acknowledges that a purely planned economy has limitations in developing productive forces and suggests that combining a planned economy with a market economy will enable the liberation of productive forces and faster economic growth.