The Key to Building the Future Economy: The Exploration and Practice of New Qualitative Productivity

It is born out of revolutionary technological breakthroughs, innovative allocation of production factors, and deep industrial transformation and upgrading. Its basic connotation is the leap of workers, labor materials, labor objects, and their optimized combinations, with a significant increase in total factor productivity as the core symbol. Its characteristic is innovation, the key is quality, and its essence is advanced productivity.

In recent years, China and even globally have encountered significant bottlenecks in the supply of basic production factors for social production. These challenges are mainly reflected in the difficulty of regulating land prices, the increased risk of capital accumulation, and the complexity of population structure issues. Especially in China, the early peak of labor force size and proportion due to low fertility rates has led to a rapid aging of society. In this context, facing the challenge of basic production factor supply, it is necessary to promote deep industrial transformation and upgrading, in order to break away from traditional economic growth models and productivity development paths. Based on this, the concept of new quality productivity has emerged, marking the exploration and practice of a new stage of productivity development.

Developing new quality productive forces has significant theoretical and practical significance

Firstly, developing new quality productive forces is the key to building a modern strong country. Developing new productive forces is an important driving force for promoting high-quality economic and social development in China. In this process, integrating and innovating cutting-edge technologies, improving the level of the industrial chain, and optimizing production modes have become inevitable choices. Through continuous technological innovation and intelligent upgrading, not only can we promote the optimization of industrial structure, but also stimulate market vitality and social creativity, providing strong support for achieving sustainable development. Facing the future, accelerating transformation and upgrading, and cultivating new drivers of economic development have become the key path for China to stand out in global competition.

Developing new quality productivity is an important support for enhancing international competitiveness. In the globalized economic environment, innovation driven has become the core strategy for countries to compete for the future development highland. By deepening technological innovation, mastering key core technologies, and building an industrial system based on new quality productivity, China can occupy a more favorable position in the global value chain. This not only helps to increase the added value of China's products and services, but also promotes the optimization and upgrading of trade models, enhancing China's voice and influence on the international stage. Therefore, increasing investment in new quality productivity is a crucial step towards achieving high-quality economic development and building an open world economy.

Developing new quality productive forces is an inevitable requirement to better meet the needs of the people for a better life. In the new era, the demand for a better life for the people is becoming increasingly widespread, and the demand for health, education, culture, environment, and other aspects is growing day by day. The development of new productive forces can provide more high-quality goods and services by promoting technological innovation and industrial upgrading, thereby meeting people's pursuit of a high-quality life.

Technological innovation is the core element for developing new quality productive forces

In sharp contrast to traditional productive forces, new quality productive forces are advanced productive forces that play a leading role in innovation, breaking away from traditional economic growth models and development paths of productive forces. They have the characteristics of high technology, high efficiency, and high quality.

Taking innovation as the primary driving force to form high-tech productivity. Technological innovation profoundly reshapes the basic elements of productivity, giving birth to new industries and formats, and promoting the qualitative evolution of productivity towards higher and more advanced levels. New quality productivity is the productivity in which technological innovation plays a leading role.

Using strategic emerging industries and future industries as the main carriers to form efficient productivity. Industry is a concrete manifestation of productivity transformation, and the continuous iteration and upgrading of leading and pillar industries is an important support for the leap of productivity. As a new pillar and track leading industrial upgrading and future development, strategic emerging industries and future industries have higher efficiency, with characteristics such as active innovation, intensive technology, high-end value, and broad prospects, providing huge space for the development and growth of new quality productivity.

Taking the high-level dynamic balance between new supply and new demand as the foothold, forming high-quality productivity. The effective matching of supply and demand is an important sign of a virtuous cycle of social production. The social supply capacity and the degree of demand realization are constrained by the development of productivity, and relying on high-level productivity can achieve a high-level dynamic balance of supply and demand. At present, the problem of "whether there is" in most areas of China has been basically solved, and the problem of "whether it is good or not" is becoming increasingly prominent. Objectively, it requires the formation of a new balance between demand driving supply and supply creating demand.

Technological innovation is not only the key to promoting high-quality economic development, but also an important support for achieving the great rejuvenation of the Chinese nation. Facing the future, we should continue to strengthen original and disruptive technological innovation, accelerate the construction of an independent and controllable key core technology system, and use technological innovation to lead the transformation and upgrading of China's economic and social development.

Technology finance has a profound impact on new productive forces

The Central Financial Work Conference proposed to do a good job in technology finance. Technology finance is becoming a key force in promoting the rapid development of new productive forces. It not only fosters innovation within the financial sector, but also activates infinite possibilities in the technology sector through the power of funds. At various stages of technological innovation, from start-up to maturity, financial capital provides necessary nutrients to help technology and creativity achieve landing and growth. Diversified financing methods such as venture capital funds, venture capital, public offerings (IPOs), and mergers and acquisitions have built a comprehensive financial ecosystem that supports technological innovation, effectively enhancing the innovation capabilities of enterprises, promoting the transformation of technological achievements, and accelerating the formation of new productive forces.

At the same time, technology finance, through its unique resource allocation advantages, greatly promotes the effective utilization of non-material resources, such as data and information, and promotes the development of new quality productivity. The traditional financial system may not be able to meet the financing needs of technological innovation, but technology finance, with advanced technological means and unique risk assessment mechanisms, effectively alleviates the problem of information asymmetry, making funds more inclined to flow towards innovative projects, thereby optimizing resource allocation and accelerating the formation of new productive forces.

In order to deeply implement the spirit of the Central Financial Work Conference and solidly do a good job in science and technology finance, China will continue to improve its science and technology finance service system, and help high-level science and technology self-reliance and self-improvement. By deepening the development of technology finance, we can effectively promote a virtuous cycle of interaction between technology, industry, and finance. The innovation of financial services not only improves the efficiency of serving the real economy, but also promotes the digital transformation of financial institutions themselves, while accelerating the overall development of the digital economy, providing solid support for the formation of new productive forces. In this process, technology finance not only promotes industrial upgrading and technological progress, but also opens up new perspectives for economic development, indicating that new productive forces are moving towards higher levels under the promotion of technology finance.

The Implementation Path of Vigorously Developing New Quality Productivity

  Among them, the pace of technological innovation will never stop. It is not only the core driving force for promoting the development of new quality productive forces, but also an insurmountable peak. Original and disruptive technological innovation requires massive research and development investment, long-term patience, and sparks of wisdom, which is a challenging task for any country and enterprise. In this process, how to maintain a leading position in the fierce global technological competition and not be eliminated by the rapidly developing technological trends is a major challenge facing us.

At the same time, with the development of new productive forces, production methods, work nature, and social structure are undergoing profound changes. This transformation has brought about a demand for reshaping talent cultivation mechanisms, education systems, and labor markets. How to cultivate composite and innovative talents that meet the requirements of the new era, how to make the labor market more flexible and adapt to the development of new productive forces, while ensuring the rights and social equity of workers, has become a problem that we must face.

In response to these challenges, the future should focus on the following key areas:

Firstly, it is to strengthen basic research and explore cutting-edge technologies. Deepening the understanding of the connotation and characteristics of new productive forces, exploring breakthroughs in fields such as artificial intelligence, quantum computing, and biotechnology that will lead the future technological revolution, will provide solid technological support for the development of new productive forces.

Research on innovative mechanisms and educational models for cultivating new talents. To meet the needs of future productivity development, explore talent cultivation paths that match it, innovate educational content and methods, and cultivate more high-quality talents who can adapt to the development of new economy, new technology, and new business formats.

Conduct in-depth research on the impact of new quality productivity on social structure and labor market. Through policy adjustments, institutional innovation and other means, alleviate the social inequality and employment challenges that may arise from the development of new technologies, and achieve a win-win situation between technological progress and social equity. Explore the relationship between new quality productivity and sustainable development. Utilizing new technologies to promote efficient resource utilization and environmental protection, promoting green and low-carbon development, and providing new ideas and methods for achieving harmonious economic, social, and environmental development.

expectation

The development of new productive forces driven by technological innovation is not limited to conventional technological improvements, but focuses on fundamental research, cutting-edge technology, and revolutionary innovation with broad prospects. This type of deep-seated technological progress foreshadows a fundamental shift in production, life, and thinking patterns, laying a solid foundation for comprehensive socio-economic progress and ushering in a new era of continuous change.

  The exploration and practice of new productive forces is an endless journey, which requires us not only to be brave in innovation, but also to be good at coordinating and solving various contradictions and problems encountered in the development process. Guided by technology, people-oriented, and jointly promoting comprehensive social progress.