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we will make new breakthroughs in high-quality economic development

"high-quality development is the primary task of building a modern socialist country in an all-round way," said the report to the party's 20th national congress. this is a major judgment of overall, long-term and strategic significance made on the basis of scientific study and judgment of the new historical conditions and stages of china's development, a comprehensive understanding and grasp of the course of china's socialist modernization and the law of socialist economic construction, overall consideration of both domestic and international situations, and consideration of the situation. the next five years will be a crucial period for comprehensively building a modern socialist country. the report to the party's 20 national congress sets out the main goals and tasks for china's development over the next five years, with "making new breakthroughs in high-quality economic development" topping the list.  


to achieve high-quality development is one of the essential requirements of chinese modernization


since the 18th national congress of the communist party of china (cpc), socialism with chinese characteristics has entered a new era, and so has china's economic development. the basic feature is that china's economy has shifted from a stage of high-speed growth to a stage of high-quality development. promoting high quality development is the inevitable requirement of maintaining sustained and healthy economic development, adapting to the change of the principal contradiction in our society, and following the inevitable requirement of the development of economic laws. with high-quality development as our main theme and supply-side structural reform as our main task, we have worked to make development more balanced, coordinated and inclusive, and put the chinese economy on a path of higher quality, more efficient, fairer, more sustainable and more secure development.


the report to the party's 20th national congress defines the mission and task of the cpc for a new era and a new journey: "to unite and lead the chinese people of all ethnic groups in comprehensively building china into a great modern socialist country, realizing the second centenary goal, and comprehensively promoting the great rejuvenation of the chinese nation through chinese-style modernization." to achieve high-quality development is one of the essential requirements of chinese modernization. without high-quality development, socialist modernization would be out of the question. the great experience of the decade in the new era has fully proved that only by keeping to the primary task of high-quality development, fully, accurately and comprehensively implementing the new vision for development, accelerating the building of a new development pattern featuring the great domestic cycle as the main body and the twin domestic and international cycles reinforcing each other, can we achieve effective qualitative and quantitative economic growth. ability to expand our economic strength, scientific and technological strength, comprehensive national strength. having accomplished the historical task of poverty alleviation and building a moderately prosperous society in all respects, and having achieved the first centenary goal, we will build on this momentum and embark on a new journey towards the second centenary goal of comprehensively building a modern socialist country, which marks china's entry into a new stage of development. we must unswervingly promote high-quality development as we embark on a new journey of building a strong country and rejuvenating the nation.


high-quality development is development that reflects the new development philosophy. to unswervingly promote high-quality development, we must fully, accurately and comprehensively implement the new vision for development. we must better balance qualitative and effective growth with quantitative and rational growth. we must unswervingly deepen reform and opening up and transform the development model. high-quality development is the main theme of our country's economic and social development in the 14th five-year plan and even longer period, which is closely related to our socialist modernization. this is not just an economic requirement, but a general requirement for all aspects of economic and social development; it is not only a requirement for the economically developed regions, but also a requirement that the development of all regions must be implemented. it is not a temporary requirement, but a requirement that must be upheld for a long time.


seize the strategic initiative with high-quality development


development is the party's top priority in governing and rejuvenating the country. at present, our country is facing new strategic opportunities, new strategic tasks, new strategic stages, new strategic demands, and new strategic environment for development. only by unswervingly promoting high-quality development can we put the development of the country and the nation on the basis of our own strength and firmly take the destiny of our development and progress into our own hands.


we will respond to the complex and severe external environment with high-quality development. at present, the world is undergoing profound changes unseen in a century. uncertainties and unpredictable factors are on the rise. on the one hand, as the global economic growth slows down, the international economic and trade situation becomes increasingly complex, while unilateralism, protectionism and anti-globalization are clearly on the rise, the multilateral trading system is under impact, trade friction is constantly escalating, and the global industrial chain is accelerating reconstruction, which brings many uncertainties to china's economic development. on the other hand, geopolitical risks are rising, and our country's international environment for development is becoming more complex and severe. only when we concentrate on running our own affairs well, improve the quality of development, and enhance china's overall strength and ability to ward off risks, can we be calm and calm in response to any changes and achieve long-term economic stability and social harmony and stability.


we will address the problem of unbalanced and inadequate development with high-quality development. having entered the new stage of development, china's development stands at a higher historical starting point, but the problem of unbalanced and inadequate development is still prominent. for example, innovation capacity is not yet ready to meet the requirements of high-quality development, and the gap between urban and rural development and regional development and income distribution is still wide. in light of the new requirements in the new stage of development, we will follow a problem-oriented approach and proactively address regional, urban and rural disparities and income distribution gaps. at the same time, we will integrate the strategy of expanding domestic demand with deepening supply-side structural reform. in the process of achieving high-quality development, in which innovation becomes the primary driving force, coordination becomes an inherent feature, green development becomes a common pattern, openness becomes the only way to go, and sharing becomes the fundamental goal, we will effectively and orderly address the problems of unbalanced and inadequate development.


with high quality development to crack the key core technology "stuck neck" problem. at present, our country has become a big science and technology country with important influence, and scientific and technological innovation has become increasingly supportive and leading role for economic and social development. at the same time, compared with the goal of building china into a world power in science and technology, china still faces major technological bottlenecks in its development. the pattern that core technologies in key fields are controlled by others has not fundamentally changed, the foundation of science and technology is still weak, and there is still a big gap in scientific and technological innovation capacity, especially original capacity. in addition, some western countries have unreasonably suppressed the development of chinese science and technology in recent years, obstructing normal international exchanges and cooperation and restricting the export of high-tech products to our country. we will adhere to the "four-pronged approach", accelerate the implementation of the innovation-driven development strategy, promote in-depth cooperation between enterprises, universities and research institutes, strengthen the building of major scientific and technological innovation platforms, and support top scientists to lead original and pioneering scientific and technological breakthroughs. only in this way can we make breakthroughs in key and core technologies and achieve autonomy and control in key areas and links.


we will effectively forestall and defuse major economic and financial risks through high-quality development.  at present, risks in china's economic and financial sectors are generally under control, and development is becoming more secure. at the same time, china's financial development faces many risks and challenges under the combined influence of downward pressure on the domestic and international economy. we need to balance development and security, accelerate the transformation of the growth model, accelerate industrial transformation and upgrading, accelerate the replacement of old drivers of growth, and promote effective qualitative and quantitative economic growth. at the same time, we need to deepen financial reform and strengthen financial regulation. in this way, we can ensure that systemic risks do not happen in the course of high-quality development.


create the future with high-quality development


in the new journey of building a strong country and rejuvenating the nation, we will implement the new vision of development in a complete, accurate and comprehensive way, and manage, measure and promote development through the internal unity of innovation, coordination, green, open and shared development. we will surely make new breakthroughs in high-quality economic development.


we will accelerate the building of a new development pattern. china has a population of over 1.4 billion and a middle-income group of over 400 million. it has a super-large market and space for shifting and mispositioning between different regions. its economic development enjoys advantages of economies of scale, innovative development and strong resilience to shocks. looking ahead, we should make full use of the advantages of china's super-large market, expand domestic demand as a strategic fulcrum of the double cycle, so that production, distribution, circulation and consumption will rely more on the domestic market, and constantly improve the level of a virtuous cycle of the national economy. we should adhere to the strategic direction of supply-side structural reform, make the supply system more suitable for domestic demand, break through bottlenecks in the economic cycle, improve the integrity of industrial and supply chains, make the domestic market the main source of final demand, and form a dynamic balance at a higher level in which demand drives supply and supply creates demand. further progress will be made in expanding domestic demand and deepening supply-side structural reform in a coordinated manner and in building a new development pattern.


develop a modern industrial system. modern industrial system is the material support of a modern country and an important symbol of realizing economic modernization. looking ahead, we will consolidate the leading position of competitive industries, foster industries with global core competitiveness and comparative advantages, promote the integrated development of strategic emerging industries as clusters, build a high-quality and efficient modern service sector, and build a modern infrastructure system. we will build new engines of growth, including next-generation information technology, artificial intelligence, biotechnology, new energy, new materials, high-end equipment, and environmental protection. we will form an industrial system of innovation-led and coordinated development, and provide a solid material and technological foundation for building china into a great modern socialist country in all respects.


build a strong manufacturing country. the real economy is the foundation of a country's economy, the fundamental source of wealth creation, and an important pillar of national prosperity. the manufacturing industry is the main body of the real economy, the foundation of building a country and the foundation of strengthening it. looking ahead, we will give greater priority to the high-quality development of the manufacturing industry, accelerate the development of advanced manufacturing, promote high-end, intelligent and green development of the manufacturing industry, promote the deep integration of the internet, big data and artificial intelligence with the real economy, and promote the deep integration of advanced manufacturing and modern service industries. this will further enhance the complexity and global competitiveness of our products and industries. to move china from a manufacturing power to a manufacturing power.


we will accelerate the development of the digital economy. digital economy is a pioneer in the world's scientific and technological revolution and industrial transformation, and a key field in a new round of international competition. looking ahead, the deeper integration of the digital economy and the real economy will help promote the transformation and upgrading of traditional industries, generate new industries, new forms and models of business, and promote the integration of upstream and downstream enterprises in the industrial chain. strengthening independent innovation in key digital and core technologies will help us keep the right to develop the digital economy firmly in our own hands. using digital economy to transfer transaction services to virtual space is conducive to promoting regional coordinated development and urban-rural integrated development. promoting data as a new factor of production into the production function, using digital technology to promote enterprises to adopt personalized customization, flexible production, etc., is conducive to improving the total factor productivity, and constantly improving the quality and efficiency of our economic development.


we will promote the transition to green development. promoting green and low-carbon economic and social development is a key link to achieving high-quality development. looking forward to the future, we will firmly establish and implement the concept that clean waters and lush mountains are gold and silver mountains, plan development from the perspective of harmonious coexistence between man and nature, adhere to the integrated protection and systematic management of mountains, rivers, forests, farmland, lakes, grass and sand, coordinate industrial restructuring, pollution control, ecological protection, and response to climate change, and work together to reduce carbon, reduce pollution, expand green and grow. giving priority to ecology, saving and intensive, green and low-carbon development will make remarkable progress in building a beautiful china. we will accelerate the adjustment and optimization of the industrial structure, energy structure and transport structure, develop green and low-carbon industries, improve the market-based allocation system of resources and environmental factors, accelerate the research and development and application of advanced technologies for energy conservation and carbon reduction, and advocate green consumption. we will promote green and low-carbon modes of production and lifestyles.


we will advance opening-up at a high level. in the complex and changeable international environment, it is more important to actively promote opening-up at a high level to achieve high-quality development. relying on the advantage of china's super-large market, attracting global resource factors with large domestic circulation, enhancing the interaction effect of resources in both domestic and international markets, and further improving the quality and level of china's trade and investment cooperation. looking ahead, we will steadily expand institutional openness based on rules, regulations, management and standards, appropriately reduce the negative list for foreign investment access, and foster a world-class market-oriented, law-based and international business environment. we will accelerate the formation of a new system of an open economy at a higher level. we will expand the global network of high-standard free trade areas, deepen our participation in global industrial division of labor and cooperation, and maintain a diversified and stable international economic structure and economic and trade relations. we will take more firm steps to become a strong trading country.


source: state-owned assets supervision and administration commission of the state council


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