Im­prov­ing the Qual­ity of Growth

China Newsweek March 19

Beijing Review - - This Week People & Points -

As China shifts from a phase of rapid eco­nomic growth to a stage of high-qual­ity de­vel­op­ment, the qual­ity of growth has been gain­ing wide­spread pub­lic at­ten­tion. High-qual­ity growth is a broad term in­clud­ing the qual­ity of prod­ucts, the en­vi­ron­ment and peo­ple’s lives.

China has be­come the sec­ond largest econ­omy in the world, and eco­nomic strength is the foun­da­tion upon which China can con­struct high-qual­ity growth.

An­other rea­son for pur­su­ing high-qual­ity growth is the evo­lu­tion of the prin­ci­pal con­tra­dic­tion fac­ing Chi­nese so­ci­ety, which is now one be­tween un­bal­anced and in­ad­e­quate de­vel­op­ment and the peo­ple’s ev­er­grow­ing needs for a bet­ter life.

In­no­va­tion is the key to re­al­iz­ing high-qual­ity growth. For in­stance, the trans­for­ma­tion and up­grad­ing of tra­di­tional in­dus­tries should be pro­moted by utiliz­ing mod­ern tech­nolo­gies. New tech­nolo­gies and new in­dus­tries in­volv­ing the In­ter­net, the In­ter­net of Things, big data and ar­ti­fi­cial in­tel­li­gence should be nur­tured, while ad­vanced man­u­fac­tur­ing in­dus­tries in­volv­ing new-en­ergy ve­hi­cles, aero­space, avi­a­tion and the ser­vice, cul­ture and tourism in­dus­tries should also be ad­vanced.

Prop­erty rights sys­tems and

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