A comprehensive view of China's economy丨New quality productivity: Top-level design is implemented, how do the front lines of industry respond?

A comprehensive view of China's economy丨New quality productivity: Top-level design is implemented, how do the front lines of industry respond?

Recently, the Central Committee of the Communist Party of China and the State Council issued the "Opinions on Developing New Productivity Productivity" (hereinafter referred to as the "Opinions"), proposing 19 key measures around five aspects: technological innovation, industrial innovation, innovation in development methods, innovation in systems and mechanisms, and innovation in talent work mechanisms.

What is the current development trend of new productivity? What do you think of the top-level design of this release? What was the response from the front lines of the industry?

- Top-level design: systematic planning to clarify the "four pairs of relationships"

Chen Qiang, a professor at the School of Economics and Management of Tongji University, said that the "Opinions" clarified the sixteen-character principle of "innovation-led, reform-oriented, adapting measures to local conditions, establishing first and then breaking", and proposed to coordinate the four pairs of relationships between government and market, quality and business format, reform and development, and independence and openness. It is worth noting that the document also specifically carries a risk warning: it is strictly prohibited to violate policies and abuse them in the name of developing new productive forces, and those who rush in, blindly invest, etc. and cause heavy losses will be held seriously accountable.

Professor Chen Qiang broke down the sixteen-character principle one by one: "Innovation-led, emphasizing that innovation is the first driving force; reform-oriented, which emphasizes the need for new production relations to adapt to it; adapting measures to local conditions, emphasizing that each place should be based on resource endowments and advantageous conditions; establish first and then break, which emphasizes the rhythm of developing new driving forces and eliminating old ones."

Judging from the data, new productivity has accumulated considerable potential. Data from the National Bureau of Statistics show that from January to August, the added value of industries above designated size nationwide increased by 5.3% year-on-year. In August, the added value of the equipment manufacturing industry increased by 12.1% year-on-year, with high-tech manufacturing continuing to lead the way, and the integrated circuit manufacturing and smart vehicle equipment manufacturing industries maintaining high growth rates of more than 20%.

-Industry front line: From "scale competition" to "efficiency competition"

The implementation of top-level design is most directly felt by enterprises.

"In the past, we were most afraid of leading technology and lagging behind in the market. Now that the policy is on our side, we dare to research and develop, and we dare to put it into application scenarios." Li Wei, director of the Health and Environment Research Institute of China Railway Shanghai Institute, said frankly that this confidence comes from the high recognition of the value of innovation in top-level design, and also from the clear planning of the transformation path of scientific and technological achievements.

Cultivating new productive forces is bringing profound changes to economic and social development. Professor Chen Qiang summarized it into three levels: First, the change in development concepts - shifting from relying mainly on input factors to technological innovation to find endogenous driving forces; second, the aggregation of innovation factors - including technology, talents, data, computing power, etc., accelerating the convergence into new fields and new tracks; third, the continuous iteration of momentum - the simultaneous advancement of the transformation and upgrading of emerging industries and traditional industries.

"We are not abandoning the original products, but adding functions on the original basis and empowering functions to various industries." Dean Li Wei confirmed this change with his own practice. Her company is developing and selling new materials, such as using core-shell structure titanium dioxide materials in the walls of the Yangtze River Delta tourist trains. In May this year, this tourist train bound for Xinjiang made its debut. The average age of the 200 passengers on the train was over 65 years old. This nanomaterial coating can continue to protect the health and safety of passengers for a long time. She said that the development of new productive forces in traditional industries is achieved through the injection of technology to achieve value leaps. "With the same raw materials and production capacity, product performance should be stronger. The current competitive dimension is shifting from cost to value, and from scale to efficiency."

-Coping with uncertainty with certainty

This year is a critical juncture at the start of the "15th Five-Year Plan" to accelerate the development of new productive forces. The top-level design and roadmap have been determined, and each region and field must show its strengths.

Chen Qiang said that accelerating the development of new productive forces is evolving the logic of China's economic development. On the one hand, the efficiency of the national innovation system has been improved, on the other hand, the resilience of the modern industrial system has been enhanced, and the interaction between the national innovation system and the modern industrial system has been deepened. The current external situation is unpredictable. The issuance of such an "Opinion" at a critical moment will be of great help in dealing with uncertainties and risks in future development.

"Accelerate the development of new productivity and fully empower high-quality economic and social development." "Let technological innovation be implemented in real scenarios and real orders." The words of the two interview guests revealed the essence of new productivity - it is rooted in economic practice and developed in real scenarios. From the systematic planning of top-level design to the technological breakthroughs on the front line of the workshop, new productivity is affecting the future of China's economy in a visible and tangible way.

Author: Wang Chenyang Xiao Jintao