Since last year's Two Sessions, the Chinese mainland has been at the forefront of transforming its economic landscape with the introduction of \"new quality productive forces.\" This new approach has captured global attention, signaling a shift towards a more innovative and sustainable future.
At the heart of this transformation is innovation, which leads the Chinese mainland's advanced productivity beyond traditional economic growth models. These productive forces are characterized by high technology, high efficiency, and high quality, aligning seamlessly with the new development philosophy.
Over the past year, fostering these new quality productive forces has accelerated the upgrading of traditional industries, the development of emerging sectors, the planning of future industries, and the construction of a modern industrial system. This strategic shift not only enhances the Chinese mainland's competitiveness on the global stage but also paves the way for sustainable economic growth.
Reference(s):
Key figures on China's new quality productive forces in 2024
cgtn.com
