China's latest initiative to accelerate innovation through the development of new quality productive forces is garnering positive attention worldwide. This strategic move emphasizes the pivotal role of science and technology in driving economic growth and fostering the rise of strategic emerging industries.
Atif Kubursi, a professor at McMaster University in Canada, praised China's investment in knowledge and new technologies, describing it as a \"great impetus\" that benefits the global economy. Similarly, Chris Southworth, Secretary General of the International Chamber of Commerce UK, highlighted the vast efficiency opportunities created by China's focus on digitalization and technological solutions.
Rodolfo Sanz, a Venezuelan lawmaker and former industry minister, pointed out that China's new stage of development aims to enhance workforce quality, achieve high-quality growth, and increase per capita income. Blade Nzimande, South Africa's Minister of Higher Education, Science and Technology, expressed optimism about elevating cooperation between China and South Africa in the realms of science and technology.
In addition to these strategic advancements, China's foreign trade saw an impressive 8.7 percent year-on-year growth in the first two months of 2024, surpassing market forecasts significantly. The electronics sector led exports, accounting for nearly 60 percent, including automatic data processing equipment, integrated circuits, and automobiles.
The ongoing development of new quality productive forces is expected to not only bolster China's economic growth but also make substantial contributions to the global economy, fostering international partnerships and technological advancements.
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China's new quality productive forces attract global attention
cgtn.com