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    Innovation Is The Direction Of China'S Sustainable Economic Development.

    2012/3/20 9:32:00 13

    Innovation Economy Continues

      

    Li Keqiang, vice premier of the State Council

    At a recent high-level forum on China's development, he said that strategic readjustment of the economic structure is the main direction for China to accelerate the pformation of the mode of economic development and the key goal of achieving economic and social development this year.

    It is worth mentioning that in his next three key work, he emphasized innovation drive, and called "innovation is the greatest vitality of economic and social development".


    Obviously, both the overall power of monetary finance and the partial tilt brought by industrial policies are concrete policies and measures.

    Emphasizing the concept of "innovation" as the "greatest vitality" and "driving force" of economic and social development is of great significance.


    When emphasizing innovation drive, Li Keqiang first pointed out the importance of market forces, and at the same time, it was the government's support at the financial level.

    In his view, innovation should take the enterprise as the main body and market as the guidance, strengthen the government guidance, strengthen all aspects of capital investment, promote technological innovation, management innovation and product innovation, and improve the ability of independent growth and innovation drive of the economy.


    It must be admitted that whether the technology, management or product, the "three innovations" have not been the first consideration in the past decades' economic development mode.


    Under the support of huge policy dividends and demographic dividend in the past, under the background of low starting point and small base, people are more concerned about the speed and scale of development.

    Even the most extensive and sustainable development models can give people a rare enthusiasm and create unstoppable value.


    However, once the development has entered the normal track, the old one will become a normal one.

    Fuel

    When we are not able to support the fleet of vehicles, we must take the initiative to slow down and find new driving forces.


    We can see that when we mentioned structural adjustment and industrial upgrading in the past, the government was more concerned about doing some addition and subtraction in the existing industrial structure.

    And upgrading the innovation to a prominent position means that besides the addition and subtraction, the decision-making level has a more long-term consideration on this issue.


    We believe that innovation is the active choice under the background of increasingly complex international and domestic economic environment.


    Today's China's economy has been highly integrated with the world economy, and its mutual influence has deepened day by day.

    However, despite the fact that China's economy continues to maintain rapid growth and its overall posture is good, some potential crises and problems still exist and will continue to challenge the smooth and healthy operation of the economy.


    In the world, people worry about the future of Europe and the United States as a representative of the developed economies.

    At home, there is no lack of concern about the decline in economic growth in the process of structural adjustment and industrial upgrading.

    At the same time, a new round of global technological innovation and industrial upgrading is also underway.

    Whether China will take this opportunity to continue its success trajectory, maintain moderate growth and further enhance the well-being of its people is a matter of serious consideration for everyone with a sense of responsibility.


    As Li Keqiang said, China is still the largest developing country in the world, and the problem of unbalanced, uncoordinated and unsustainable development is still outstanding.

    In the face of major challenges in the internal and external economic environment, it will be difficult to cope with new challenges only by adjusting the existing pattern. Only innovation drive can open up a new path.


    Secondly, we believe that innovation drive meets the current social and economic development in China.


    In the past development model of China,

    Cheap labor force

    The "unlimited" supply played an important role.

    With the gradual fading of demographic dividend, China needs to improve the overall quality of labor force and turn the characteristics of large population into human power.


    Once upon a time, the "four Asian dragons" implemented the export oriented development strategy. They also actively invested in workers' education, and created various favorable conditions for the pfer of labor force from rural areas to industries and cities, so that ordinary laborers could invest in their own or their children's education while sharing the fruits of economic development, thereby enhancing human capital and social innovation capability.


    For today's China, strong financial support will make our labor upgrading process more advantageous.


    We know,

    Industrial upgrading

    Mutual promotion and upgrading of labor force.

    Innovation requires talents, and development requires high-quality workers.

    The essence of structural adjustment and industrial upgrading is "high quality growth", which is the premise of high-quality talents and their reserve system. Therefore, "three innovations" is not only an important driving force for sustainable development, but also a direction for the future development of China's economy.

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