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Gambia: China Accelerates Development Of New Quality Productive Forces – Africa Links 24

Gambia: China Accelerates Development Of New Quality Productive Forces – Africa Links 24

Rédaction Africa Links 24 with babucarr balajo
Published on 2024-03-14 08:36:38

In China, various regions and departments have been focusing on developing new quality productive forces, implementing new strategies, and taking proactive measures to drive the country towards high-quality development. Deputies to the 14th National People’s Congress (NPC) and members of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) have highlighted the importance of vigorously developing strategic emerging industries such as new energy, new materials, advanced manufacturing, and electronic information.

These efforts aim to foster future industries, accelerate the development of new quality productive forces, and enhance the momentum for high-quality development. With a focus on innovation, new quality productive forces represent advanced productivity that is independent from traditional economic growth models. These forces are characterized by high-tech, high efficiency, and high quality, aligning with the new development philosophy.

Yu Xubo, a deputy to the 14th NPC and chairman of Genertec, emphasized the significance of new quality productive forces in advancing the modern industrial system. Genertec has collaborated with Chongqing University of Technology to promote the industrialization of nanometer time-grating technology, contributing to the development of China’s high-end equipment industry.

In 2023, China made significant strides in the production of new energy vehicles, solar cells, and service robots, reflecting the successful development of new quality productive forces. These advancements have not only fostered large-scale pillar industries but also boosted the transformation and upgrading of traditional industries, thereby enhancing the resilience of the Chinese economy.

President of Sun Yat-sen University Gao Song highlighted the role of new quality productive forces in upgrading and expanding China’s economic output. The added value of the high-tech manufacturing industry saw a year-on-year increase, indicating the accumulation of new momentum in high-tech industries.

Technological innovation plays a crucial role in developing new quality productive forces, driving high-quality development through original, disruptive, and cutting-edge technological breakthroughs. China’s annual expenditure on research and development (R&D) has been steadily increasing, reflecting the country’s commitment to fostering innovation and technological advancements.

As the global industrial landscape evolves, the development of new quality productive forces becomes even more crucial. Strategic emerging industries that prioritize active innovation and intensive technology offer vast potential for growth. It is essential to plan for future industries and accelerate the formation of new quality productive forces to shape economic and social development.

In conclusion, China’s focus on developing new quality productive forces aligns with its vision for high-quality development and economic growth. By nurturing innovation, enhancing technological capabilities, and promoting talent cultivation, China is paving the way for a more advanced and resilient industrial system. The efforts to upgrade traditional industries, strengthen strategic emerging industries, and plan for future industries will drive sustainable growth and prosperity for the country.

Read the original article on The Standard

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