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Brussels, June 20 (Xinhua) — Xinhua Research Institute, a high-end think tank of Xinhua News Agency, released a report on June 20 titled “Empowering China to Benefit the World – Analysis of the Theoretical Contributions and Value Orientation of High-quality New Productivity.”
At present, promoting high-quality development has become the main theme of China’s economic and social development. Developing new productive forces will help China seize the opportunities of a new round of scientific and technological revolution and industrial transformation, further liberate and develop productive forces, and achieve high-quality development in the new era.
The characteristic of high-quality development of new productive forces is innovation. China will continue to adhere to innovation-driven development, further enhance awareness of the importance of scientific and technological innovation, promote scientific and technological innovation with greater determination and strength, firmly grasp key core technologies, unremittingly strengthen basic research, strengthen the leading role of enterprises in innovation, and promote the continuous emergence of original and disruptive technological innovations.
China will use scientific and technological innovation to support industrial innovation, accelerate the transformation of scientific and technological achievements into real productive forces, transform and upgrade traditional industries, cultivate and strengthen emerging industries, plan and build future industries, accelerate the construction of a modern industrial system, and lay a solid foundation for the development of new productive forces.
Developing high-quality new productive forces is not only a development issue, but also a reform issue. It requires the joint cultivation and promotion of the government’s “visible hand” and the market’s “invisible hand”.
China will deepen reform of the economic and scientific and technological systems, focus on removing bottlenecks that restrict the development of new high-quality productive forces, establish a high-level market system, and innovate the way of allocating production factors so that various advanced and high-quality production factors can effectively promote the development of new high-quality productive forces.
China will unswervingly expand high-level opening-up, steadily expand institutional opening-up in terms of rules, regulations, management, and standards, build a first-class business environment that is market-oriented, law-based, and internationalized, and create a better environment and conditions for the development of new productive forces.
China is committed to realizing the great rejuvenation of the Chinese nation and developing new high-quality productive forces. It will also contribute to world peace, development, mutually beneficial cooperation and common prosperity through its own modernization.
Standing at a new crossroads of human development, facing major changes in the world unseen in a century, developing new high-quality productive forces will further stimulate the vitality and potential of China’s large market, enhance the role of the Chinese economy as a world growth engine, and inject new impetus into the world economic recovery.
China’s vigorous development of high-quality new productive forces will also create new opportunities for win-win development, expand new practices in economic governance, and continuously develop new forms of human civilization.
At present, China is comprehensively promoting modernization and high-quality development, and accelerating the cultivation of new productive forces for high-quality development, which will not only ensure that the Chinese economy overcomes challenges and achieves sustainable development, but will also enable other countries to share the dividends of China’s development. (Xinhua News Agency)
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