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We will continue to create new drivers and strengths for development

Since the 18th National Congress of the CPC, under the strong leadership of the Party Central Committee with comrades as the core, our economic strength has made a historic leap, and it has become a stabilizer and source of global economic growth. At the same time, we still face many difficulties and challenges. To achieve high-quality development of the national economy and promote the great rejuvenation of the Chinese nation through Chinese-style modernization, we must open up new areas and track for development and constantly create new drivers and strengths for development.


Rural revitalization is a major battleground for new growth drivers and new strengths. The report to the 20th National Congress of the CPC points out that in the 10 years since the 18th National Congress of the CPC, we have experienced three major events of great practical and far-reaching historical significance to the cause of the Party and the people: Second, socialism with Chinese characteristics has entered a new era. Third, we will accomplish the historic task of poverty alleviation and building a moderately prosperous society in all respects, and achieve the first centenary Goal. On this new journey in the new era, the Party and state will lead the people in continuing their efforts to consolidate and expand the achievements in poverty alleviation and comprehensively promote rural revitalization. This is not only an important political task and major policy decision for the Party and state at present and for a long time to come, but also an important driving force for economic and social development.


Relying on the rural revitalization strategy and local resource advantages to develop industries with characteristics, so as to stimulate the potential and vitality of the vast rural market, is not only an essential requirement to achieve common socialist prosperity, but also a new driving force for domestic economic development.


Scientific and technological innovation is an important engine driving new growth drivers and advantages. Science and technology are the primary productive forces, and innovation is the primary driving force. Only by adhering to scientific and technological innovation can we occupy the commanding heights of future economic development. The decade since the 18th National Congress of the Communist Party of China has witnessed the greatest progress in science and technology and the fastest improvement in China's scientific and technological strength. According to the Global Innovation Index 2022 report released by the World Intellectual Property Organization (WIPO), China ranks 11th, the only country in the world that continues to rise rapidly. The brilliant achievements China has made in the past 10 years are inseparable from the progress we have made in the field of scientific and technological innovation. In the new era and on the new journey, we will continue to be guided by scientific and technological innovation, develop new forms of business, strengthen economic growth, build a first-mover advantage in some key areas and key links, foster new drivers, new strengths and new vitality for economic development, and create new poles of economic growth, so as to provide fresh water for high-quality economic development.


Green development is the key to new growth drivers and new strengths. Green is becoming a bright background color for China's high-quality development. At the same time, the widespread adoption of green ways of production and life has given rise to new forms of business and fostered new growth drivers. For example, the energy consumption of enterprises can be accurately calculated through big data, cloud computing and other scientific and technological means, thus forcing the transformation and upgrading of energy-intensive industries to take the road of green and low-carbon development. The green transformation of traditional manufacturing industry accelerated, green intelligent ships, zero carbon buildings and other new things emerged, which became a new area and new direction of our economic growth. It is clear that the further promotion of the concept of green development will accelerate the transformation and upgrading of China's production and lifestyle and consumption patterns, create a huge green market and release powerful new drivers of economic growth.


A high level of opening-up is an accelerator of new growth drivers and strengths. Since the 18th National Congress of the CPC, we have continued to open up to the outside world at a high standard. Our position as the largest country in trade in goods has been further strengthened, foreign investment has been expanded, and a series of new heights and experimental fields for opening up have mushroomed. The Belt and Road Initiative has made solid and heavy achievements, and a new pattern of all-round and high-level opening up has taken shape. On the new journey of the new era and the new journey, we should continue to leverage the role of the Belt and Road as an international public good and a platform for international cooperation, strengthen economic and trade cooperation and exchanges with relevant countries and international organizations along the routes, actively foster new drivers of global development in infrastructure, green energy and digital economy, and ensure that the dividends of China's economic growth will benefit countries, regions and people along the routes. Promoting local prosperity and stability; At the same time, China's economic growth will be promoted through the economic growth of other countries and regions along the Belt and Road, so that all parties to the joint construction can get tangible benefits and achieve the goal of mutual benefit and win-win.


"Do not seek near work, restless little." The report to the Party's 20th National Congress pointed out that we should "open up new areas and new tracks for development, and constantly shape new growth drivers and new strengths for development". To foster new growth drivers and build new strengths for development is the only way to achieve Chinese-style modernization. In the tide of change, we will take the initiative, take the lead in planning, and follow the trend. This will create new engines and driving forces for high-quality economic development, and provide strong support for building China into a great modern socialist country in all its aspects.


Source: State-owned Assets Supervision and Administration Commission of the State Council