On the basis of in-depth analysis of the characteristics of the mainland's development stages and a comprehensive grasp of the laws of modernization, General Secretary Xi Jinping made a series of important expositions on high-quality development. In the report of the 19th National Congress of the Communist Party of China, the general secretary pointed out that the mainland economy has shifted from a stage of rapid growth to a stage of high-quality development. At the 2017 Central Economic Work Conference, the general secretary made it clear that high-quality development is a development that can well meet the people's growing needs for a better life, a development that embodies the new development concept, innovation as the primary driving force, coordination as an endogenous feature, green as a universal form, openness as the only way, and sharing as the fundamental purpose. In the report to the 20th National Congress of the Communist Party of China, the general secretary pointed out that high-quality development is the primary task of building a modern socialist country in an all-round way. At the 2023 Central Economic Work Conference, the general secretary stressed that adhering to high-quality development must be the last word in the new era. General Secretary Xi Jinping's important exposition on high-quality development has pointed out the direction for the development of the mainland, and it must be implemented well.
(1) Promoting high-quality development is the need to leapfrog the middle-income stage and move to a higher level and realize Chinese-style modernization.
The 20th National Congress of the Communist Party of China proposed that by 2035, socialist modernization should be basically realized, the mainland's economic strength, scientific and technological strength, and comprehensive national strength should be greatly improved, and the per capita GDP should reach a new level and reach the level of a moderately developed country. By the middle of this century, we will build China into a great modern socialist country in an all-round way. There are both qualitative and quantitative requirements. In 2023, the mainland's per capita GDP will be about 12,700 US dollars, which is basically the same as the world average, and is in the ranks of upper middle-income economies defined by the World Bank, but there is still a big gap compared with moderately developed countries. We must vigorously promote high-quality development, maintain steady and healthy economic development for a fairly long period of time, continuously improve the level of social productive forces, and accumulate a solid material and technological foundation, so that the development level and people's living standards of a country with a population of more than 1.4 billion can gradually catch up with the developed countries.
Promoting high-quality development is an inevitable requirement for following the general law of economic development. Since the 60s, only a dozen of the world's more than 100 middle-income economies have managed to enter the high-income group. Those countries that have succeeded have experienced a period of rapid growth and have shifted their economic development from quantitative expansion to qualitative improvement. Countries that have stagnated or even regressed have not achieved this fundamental change. We need to learn from relevant lessons and lessons, and while continuing to promote the accumulation of quantity, we should pay more attention to improving the quality of development, and successfully cross the middle-income stage through high-quality development, and move forward to a higher level in a solid manner.
(2) Promoting high-quality development is necessary to respond to the challenges of the external environment and ensure the smooth circulation of the national economy.
Today's world is chaotic and intertwined, major changes unseen in a century are accelerating, and the external environment facing the development of the mainland is becoming increasingly severe and complex. Some countries in the West have carried out various forms of suppression and containment of the mainland's development. In the field of science and technology, in the name of "national security", it has implemented containment in the fields of technology, talent, and equipment, delaying the mainland's technological progress and industrial transformation and upgrading, in an attempt to lock the mainland's industrial chain at the middle and low end. In the field of trade, we will accelerate the decoupling and disconnection of chains, and try to reduce dependence on mainland commodities through the so-called "friendly shore outsourcing", "nearshore outsourcing", and "reshoring of manufacturing". Recently, there has been speculation about "China's overcapacity" and new protectionist measures to curb the mainland's emerging advantageous industries.
From our own point of view, the mainland's ranking in the Global Innovation Index has risen from 34th in 2012 to 12th in 2023, and has entered the ranks of innovative countries. However, there are many scientific and technological innovation achievements in the mainland that are in the stage of catching up and running, and there are relatively few leading ones, and many key core technologies are controlled by others. We must promote high-quality development, achieve high-level scientific and technological self-reliance and self-reliance, continuously narrow the gap with the world's advanced technology level, ensure that the high-tech field is not "stuck" by others, continue to increase the contribution rate of scientific and technological progress, and improve total factor productivity, so as to accelerate the construction of a modern industrial system and ensure the smooth circulation of the national economy in the face of major challenges.
In the early morning of June 2, 2024, Chang'e-6 successfully landed in the pre-selected landing area of the South Pole-Aitken Basin on the far side of the Moon, starting the first sample collection mission carried out by a human probe on the far side of the Moon. The picture shows a simulated animation of the Chang'e-6 lander and ascender landing on the far side of the moon taken on the screen of the Beijing Aerospace Flight Control Center on June 2, 2024. Photo by Xinhua News Agency reporter Jin Liwang
(3) Promoting high-quality development is the need to accelerate the green transformation of the development mode and achieve the "dual carbon" goal.
General Secretary Xi Jinping pointed out that promoting green and low-carbon economic and social development is the key to achieving high-quality development. Since the 18th National Congress of the Communist Party of China, General Secretary Xi Jinping has personally planned, deployed and promoted the construction of a beautiful China, and the construction of ecological civilization in mainland China has undergone historic, turning and overall changes. It should also be noted that the mainland's ecosystem is fragile, the environmental capacity is limited, and the constraints of the ecological environment on economic development are becoming increasingly tight. As a large developing country, the mainland will continue to advance industrialization and urbanization, and the goal of achieving carbon peak and carbon neutrality is arduous. We must adhere to high-quality development, unswervingly follow the path of civilized development with production development, affluent life and good ecology, promote the formation of green and low-carbon production methods and lifestyles, and realize the sustainable development of the Chinese nation.
(4) Promoting high-quality development is the need to solidly promote common prosperity for all people.
Since the beginning of reform and opening up, along with the long-term and rapid development of the mainland's economy, many people have become rich through legality, hard work, industry, and innovation, and have achieved wealth creation and accumulation. However, there is still a large gap in the income and wealth distribution of mainland residents, and the gap between urban and rural areas is still quite obvious, and there is still a gap between the mainland and the requirements of common prosperity. We must solve the problem of unbalanced and inadequate development through high-quality development, and promote more obvious and substantive progress in common prosperity for all people. It is necessary to ensure and improve people's livelihood through high-quality development, improve people's education level, enhance employment and entrepreneurship capabilities, enhance the ability to get rich, and expand the middle-income group. At the same time, we should actively solve problems such as regional disparities, urban-rural disparities, and income distribution disparities, improve the balance, coordination, and inclusiveness of development, and gradually achieve common prosperity for all people.
(5) Promoting high-quality development is the need to prevent and resolve major risks.
At present, the overall economic and social situation on the mainland remains stable, but profound changes have taken place in the domestic and international environment, and unstable and uncertain factors have increased markedly. From the perspective of the economic field, the risks of real estate, local government debt, and small and medium-sized financial institutions are still prominent, and they are interrelated and contagious. The root cause of economic and financial risks lies in extensive and low-quality development. We must adhere to high-quality development to prevent and resolve major risks, expand the denominator of economic strength, dilute the numerator of risk, and consolidate the foundation for resisting all kinds of risks. It is necessary to pay close attention to building a new model of real estate development and promote the high-quality development of real estate; in-depth implementation of local government debt risk mitigation plans; We will continue to promote the reform of small and medium-sized financial institutions to reduce risks, take multiple measures to promote the healthy development of the capital market, strengthen the construction of the financial stability guarantee system, and maintain the bottom line of preventing systemic risks.
For details, see: Han Wenxiu, deputy director of the Central Finance Office in charge of daily work, article "Promoting High-quality Development by Deepening Reform"
Source: Qiushi.com