Mar 14, 2024 Остави поруку

New Quality Productive Forces Pave China's Path To High-quality Development

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This photo taken on Sept. 2, 2023 shows a quantum computer displayed during the 2023 China International Fair for Trade in Services (CIFTIS) in Beijing, capital of China. (Xinhua/Ren Chao)

BEIJING, March 13 (Xinhua) -- On Lunar New Year's Eve in February, a captivating drone light show that utilized a fleet of 3,000 drones took place in Chengdu, capital of Sichuan Province, offering a unique experience for almost 100,000 residents and travelers.

First put forward by President Xi Jinping in 2023, the term "new quality productive forces" refers to advanced productivity freed from the traditional economic growth mode and productivity development paths. It features high-tech, high efficiency and high quality, and comes in line with the new development philosophy.

In the pursuit of high-quality development, China is doubling down on developing new quality productive forces tailored to local resources, industrial foundations and research conditions.

For instance, Anhui Province is home to over 60 quantum technology firms, ranking first in the country. Based on its robust innovative capacity in quantum information, the province is accelerating the development of the quantum industry.

Due to its first-mover advantages in the fields of drones and low-altitude navigation, the southern metropolis of Shenzhen is expediting the development of the low-altitude economy and expects to see the industry's output exceed 100 billion yuan (about 14 billion U.S. dollars) by 2025.

Besides fast-tracking the development of strategic emerging industries and future industries, China is leveraging new technologies to upgrade traditional industries, promoting the high-end, intelligent and green transformation of industries.

For example, industrial robots are widely used in Shanghai's Baosteel, a leading steel manufacturer, and the robot density has reached 260 units per 10,000 workers at major industrial enterprises in Shanghai.

China's AI industry has been progressing rapidly. In 2023, the scale of the country's core AI industry reached 500 billion yuan. The market scale for AI large models was 2.1 billion U.S. dollars, up 110 percent year on year. In 2035, the scale of AI industry is expected to exceed 1.7 trillion yuan, according to data from the China Center for Information Industry Development.

China will also ratchet up efforts to foster a world-class business environment that is market-oriented, law-based and internationalized, and create new strengths of a higher-level open economy.

Li Zheng, professor at Liaoning University, said high-standard opening-up and strengthened international cooperation are accelerators for the development of new quality productive forces.

Noting that innovation is not the "solo performance" of any single country but rather a "grand chorus" of all countries, Li said great self-reliance and strength in science and technology can only be achieved on the basis of high-level international exchanges and cooperation.

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