1. Politburo study session

Xi Jinping emphasizes at CPC Central Committee Politburo 11th collective study session:

Accelerate the development of new productive forces and solidly promote high-quality development

Xinhua News Agency, Beijing, February 1 – The Political Bureau of the CPC Central Committee held its 11th collective study session on the afternoon of January 31st on the theme of solidly promoting high-quality development. Presiding over the study, Xi Jinping, General Secretary of the CPC Central Committee, emphasized that we must keep in mind that high-quality development is the absolute principle of the New Era, fully implement the new development concept, accelerate the construction of a modern economic system, promote self-reliance and self-reliance in high-level science and technology, accelerate the construction of a new development pattern, and coordinate the implementation of strategic tasks such as promoting deep reform and high-level opening up, coordinating high-quality development and high-level security, and improve the assessment and evaluation system for promoting high-quality development to lay a solid foundation for promoting high-quality development. The development of new productive forces is an intrinsic requirement and an important focus for promoting high-quality development. We must continue to do a good job in innovation and promote the accelerated development of new productive forces.

This time, the Political Bureau of the CPC Central Committee held a collective study session where members of the Political Bureau of the CPC Central Committee studied on their own and exchanged work experiences. Comrades Ma Xingrui, He Lifeng, Zhang Guoqing, and Yuan Jiajun made speeches based on their respective fields and local work. Comrades Liu Guozhong and Chen Miner submitted written speeches. Everyone communicated.

Xi Jinping delivered an important speech while presiding over the study. He pointed out that since the New Era, the Party Central Committee had made a series of major decisions and arrangements and that promoting high-quality development had become the consensus and conscious action of the entire Party and society as well as becoming the main theme of economic and social development. In recent years, China has made fruitful achievements in scientific and technological innovation, and the results of innovation-driven development have become increasingly apparent; the coordination and balance of urban and rural regional development have been significantly enhanced; reform and opening up have been comprehensively deepened, and development momentum has burst out; green and low-carbon transformation has achieved remarkable results, and the pace of development mode has changed. Accelerate and achieve significant results in high-quality development. At the same time, a large number of factors restricting high-quality development still exist, which must be taken seriously and effectively resolved.

Xi Jinping emphasized that high-quality development required the guidance of new productivity theory, and new productivity had been formed in practice and had demonstrated strong driving force and support for high-quality development. We needed to summarize it theoretically to use it to guide new development practices. In sum, new quality productivity was an advanced productivity state in which innovation played a leading role, broke away from the traditional economic growth mode and productivity development path, had the characteristics of high technology, high efficiency and high quality, and conformed to the new development concept. It was born from revolutionary technological breakthroughs, innovative allocation of production factors, and in-depth industrial transformation and upgrading. It took the leap in workers, labor materials, labor objects and their optimal combination as its basic connotation, and took the substantial increase in total factor productivity as its core symbol. Its characteristics was its innovation with the key lying in high quality and the essence was advanced productivity.

Xi Jinping pointed out that scientific and technological innovation could give birth to new industries, new models, and new driving forces, and was the core element for developing new productive forces. It was necessary to strengthen scientific and technological innovation, especially original and disruptive scientific and technological innovation, in order to accelerate the realization of high-level scientific and technological self-reliance and self-reliance, fight for key core technologies, enable original and disruptive scientific and technological innovation results to emerge, and cultivate new momentum for the development of new quality productivity.

Xi Jinping emphasized that it was necessary to promptly apply the results of scientific and technological innovation to specific industries and industrial chains, to transform and upgrade traditional industries, to cultivate and strengthen emerging industries, to layout and to build future industries, and to improve the modern industrial system. It was necessary to lay out the industrial chain around the development of new-quality productive forces, improve the resilience and safety level of the industrial chain and supply chain, and ensure that the industrial system was independent, controllable, safe and reliable. It was necessary to scientifically lay out scientific and technological innovation and industrial innovation around the strategic tasks of promoting new industrialization and accelerating the construction of a manufacturing power, a quality power, a network power, a digital China and an agricultural power. It was necessary to vigorously develop the digital economy, promote the deep integration of the digital economy and the real economy, and create an internationally competitive digital industry cluster.

Xi Jinping pointed out that green development was the foundation of high-quality development and that new productive forces were themselves green productive forces. We must accelerate the green transformation of the development model and help reach carbon peak and carbon neutrality. We must firmly establish and practice the concept that clear waters and lush mountains are invaluable assets and unswervingly follow the path of ecological priority and green development. Accelerate green technological innovation and the promotion and application of advanced green technologies, strengthen green manufacturing, develop green service industries, expand green energy industries, develop green and low-carbon industries and supply chains, and build a green and low-carbon circular economic system. Continue to optimize the economic policy toolbox that supports green and low-carbon development, give full play to the traction role of green finance, and create efficient ecological green industrial clusters. At the same time, we must vigorously promote a green and healthy lifestyle in the whole of society.

Xi Jinping emphasized that production relations must adapt to the requirements of productivity development. To develop new productive forces, we must further comprehensively deepen reforms and form new production relations that were compatible with them. It was necessary to deepen the reform of the economic system, science and technology system, etc., strive to clear up the blockages that restrict the development of new productive forces, establish a high-standard market system, innovate the allocation of production factors, and allow all types of advanced and high-quality production factors to flow smoothly to the development of new productive forces. At the same time, we must expand high-level opening up to the outside world and create a good international environment for the development of new productive forces.

Xi Jinping emphasized that in accordance with the requirements for developing new productive forces, we must smooth the virtuous cycle of education, science and technology, and talents, and improve the working mechanism for talent cultivation, introduction, use, and reasonable flow. It was necessary to optimize subject settings and talent training models in colleges and universities according to new trends in scientific and technological development and to cultivate urgently needed talents for the development of new productive forces and promotion of high-quality development. It was necessary to improve the factor participation income distribution mechanism, stimulate the vitality of production factors such as labor, knowledge, technology, management, capital and data, better reflect the market value of knowledge, technology and talents, and create a good atmosphere that encourages innovation and tolerates failure.