China Boosts New Quality Productive Forces
In a significant move to drive economic growth and technological advancement, the Central Committee of the Communist Party of China and the State Council have jointly released an important document titled ‘Opinions on Developing New Quality Productive Forces.’ This comprehensive guideline outlines 19 major development and reform tasks, emphasizing four core principles: innovation-led, reform as the key, adapting to local conditions, and establishing new structures before abolishing old ones.
Innovation Takes Center Stage The document places ‘vigorously advancing scientific and technological innovation’ at the forefront of its five major tasks.
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