Bilingual | We should speed up the development of new productive forces and create a new situation for the development of new industrialization

We should speed up the development of new productive forces and create a new situation for the development of new industrialization

Accelerating the Development of New Quality Productive Forces to Forge a New Path in New Industrialization

Qiu-wen

Qiu Wen

　　In the 11th issue of Qiushi magazine in 2024, Jin Zhuanglong, Secretary of the Party Leadership Group and Minister of the Ministry of Industry and Information Technology, published an article by Jin Zhuanglong, Secretary of the Party Leadership Group and Minister of the Ministry of Industry and Information Technology, emphasizing the need to thoroughly study and implement General Secretary Xi Jinping's important exposition on the development of new quality productivity, firmly grasp the key task of realizing new industrialization, accelerate the development of new quality productivity, further promote new industrialization, promote high-quality development, and provide a solid material and technological foundation for Chinese-style modernization.

　　The article by Jin Zhuanglong, Minister and Secretary of the CPC Leadership Group of the Ministry of Industry and Information Technology, was published in this year’s 11th issue of Qiushi Journal. It emphasizes that it is imperative to study and implement the guiding principles of General Secretary Xi Jinping’s important expositions on developing new quality productive forces. To effectively accomplish new industrialization, we should accelerate the development of new quality productive forces and promote high-quality development, thus providing a solid material and technological foundation for Chinese modernization.

　　Since 2023, General Secretary Xi Jinping has made a series of important expositions on the development of new quality productivity, and profoundly answered major theoretical and practical questions such as "what is new quality productivity, why should new quality productivity be developed, and how to develop new quality productivity".

　　Since 2023, General Secretary Xi Jinping has put forward a series of important expositions concerning new quality productive forces and provided thorough answers to the major theoretical and practical questions of what new quality productive forces are, why they should be developed, and how this should be done.

　　General Secretary Xi Jinping's important exposition on the development of new quality productive forces deepens the understanding of the Communist Party of China on the law of the development of productive forces from a new perspective, makes original contributions to the development of Marxist theory of productive forces, further enriches Xi Jinping's economic thought, and provides a guide to action and fundamental compliance for promoting new industrialization.

　　These statements on this idea, as a further enrichment of Xi Jinping’s economic thought, have provided new insights for the CPC’s understanding of the laws underlying productivity development. They have made original contributions to the development of Marxist theories on productivity and served as an action guide and fundamental principles for advancing new industrialization.

　　The report of the 20th National Congress of the Communist Party of China clearly stated that the focus of economic development should be on the real economy, promote new industrialization, and accelerate the construction of a manufacturing power.

　　The report to the 20th National Congress announced that in pursuing economic growth, we must continue to focus on the real economy.

　　In the new era and new journey, we must unify our thoughts and actions with the spirit of General Secretary Xi Jinping's important speech and the decision-making and deployment of the Party Central Committee, firmly grasp the primary task of high-quality development, and make concerted efforts at multiple levels such as innovation, industry, transformation, and enterprises, accelerate the development of new quality productivity, shape new momentum and new advantages, promote mainland industries to accelerate towards the middle and high end of the global value chain, and constantly create a new situation of new industrialization development.

　　We will advance new industrialization and move faster to boost China’s strength in manufacturing. On the new journey in the new era, we must align our thoughts and actions with the guiding principles of General Secretary Xi Jinping’s important speeches and the decisions of the CPC Central Committee, and focus on our primary task of high-quality development. Through coordinated efforts to promote transformation and innovation in industries and enterprises, we will accelerate the development of new quality productive forces, and foster new growth drivers and new strengths, which can help our industries move faster to the medium-high end of the global value chain and thus open up new frontiers for new industrialization.

　　The relations of production must be commensurate with the requirements of the development of the productive forces. General Secretary Xi Jinping stressed: "To develop new quality productive forces, we must further deepen reform in an all-round way and form a new type of production relationship that is compatible with it. ”

　　Production relations must be adapted to the requirements of the development of productive forces. Xi Jinping emphasizes that “to develop new quality productive forces, we must deepen reform, with a view to fostering a new set of well-adapted production relations.”

　　It is necessary to insist on the impetus for reform and vitality for opening up, vigorously promote institutional innovation, promote a better combination of an effective market and a promising government, break through the blockages that restrict the development of new quality productive forces, improve the efficiency of resource allocation, improve the industrial governance system, create a good development environment, and let all kinds of advanced and high-quality production factors flow smoothly to the development of new quality productivity, so as to provide strong driving force support for the development of new quality productivity and the promotion of new industrialization.

　　We must seek impetus from reform and vitality from opening up, while vigorously promoting institutional innovations and facilitating a better integration of an efficient market and a capable government. Through our efforts to clear away obstacles and bottlenecks that restrain the development of new quality productive forces, we will enhance resource allocation efficiency and improve the industrial governance system. Benefiting from this, a favorable environment for development will be fostered, in which smooth flow of advanced and high-quality production factors into the development of new quality productive forces is ensured, and a powerful engine for fostering new quality productive forces and advancing new industrialization will be provided.

　　Translation: Yi Xiaowei

　　Chinese Editor: Hao Yao Shangye

　　English Editor-in-charge: Yi Xiaowei

　　English Reviewer: Zhang Xian, Li Xiaoqiong

　　Producer: Yu Bo, Li Zhentong