The construction of the socialist commodity circulation is a significant part of the centenary course of the economic construction led by the CPC. After experiencing the development of the new democratic revolution period, the socialist revolution and construction period, the new period of reform and opening up and socialist modernization, and the new era of socialism with Chinese characteristics, the commodity circulation has gradually showed its modern Chinese characteristics, which is compatible with the socialist market economic system and has been initially established and increasingly improved. The abundant experience accumulated in the development of commodity circulation, including deepening the market-oriented reform of the commodity circulation, promoting the modern governance on commodity circulation, exploring innovation of commodity circulation with Chinese characteristics, and giving play to the role of commodity circulation on high-quality economic development, have important implications for continuously deepening the reform of the circulation system and constructing a modern circulation system in the new era of socialism with Chinese characteristics.