The new quality productivity is the quality of the advanced productivity in which innovation plays a leading role and conforms to the new development concept. It has got rid of the traditional economic growth mode and the development path of productive forces, and has the characteristics of high technology, high efficiency and high quality. In recent years, China has focused on implementing the innovation-driven development strategy, and has achieved remarkable results in promoting technological revolutionary breakthroughs, innovative allocation of production factors, and in-depth industrial transformation and upgrading. Among them, the role of finance cannot be ignored.
Statistics show that from 2012 to 2023, fiscal spending on science and technology increased from 560 billion yuan to 1,056.7 billion yuan, a growth rate higher than that of general public budget revenue. China's comprehensive use of tax incentives, procurement, asset management, fiscal and other policy tools has formed a multi-dimensional and all-round support for scientific and technological innovation, product innovation and industrial upgrading. In 2023, the state's preferential tax policies to encourage enterprises to increase R&D investment will continue to "increase", and the efforts will be more precise and the process will be more concise, and the cumulative amount of R&D expenses deducted by enterprises throughout the year will reach 185 trillion yuan, a year-on-year increase of 136%。Among them, manufacturing enterprises enjoy an additional deduction amount of 11 trillion yuan, accounting for nearly sixty percent. It can be said that finance has played an important supporting role in promoting basic research, tackling key core and key technologies, and cultivating national strategic scientific and technological forces.
Compared with traditional productivity, new quality productivity covers more original and subversive basic theoretical innovations and cutting-edge technologies in the "no man's land" of development. This means that the development of new quality productive forces may face greater uncertainty and even the risk of failure in some areas. In order to arouse the enthusiasm and initiative of the whole society to vigorously develop new productive forces, it is necessary to give full play to the positive role of finance in hedging uncertainties and providing major scientific and technological infrastructure.
The development of new qualitative productivity is based on strong basic research and key common technologies. In recent years, in the process of implementing the innovation-driven development strategy, China has continuously deepened the reform of the mechanism for the allocation and use of financial science and technology funds, and has made significant progress. In order to better support the development of new productive forces, the government will further increase investment in basic research, applied basic research and cutting-edge research, and support the improvement of original innovation capabilities. It will focus on national laboratories, national scientific research institutions, high-level research universities, and leading enterprises in science and technology, and support the strengthening of national strategic scientific and technological forces. We will vigorously support and ensure that we win the battle of key core technologies, support the layout of a number of major national science and technology projects, and promote the deep integration of innovation chain, industrial chain, capital chain and talent chain.
The development of new quality productive forces is also inseparable from the innovative consciousness and innovative behavior of various business entities, especially to strengthen the status of enterprises as the main body of innovation. As a qualitative state of advanced productivity, the new qualitative productivity will not only bring about deep-seated changes in the quality, efficiency and power of economic development, but also reshape the business structure and competitive advantage of enterprises. Enterprises have the internal driving force to actively cultivate new quality productivity, and the financial sector needs to better play the role of guidance and incentive. In recent years, the Ministry of Finance has implemented a series of incentive measures for the innovative behavior of business entities, which has had a positive impact on guiding enterprises to increase R&D investment, optimize product structure, and promote business transformation. We will further improve the structural tax and fee reduction policies, give full play to the leverage role of financial funds, promote more investment in scientific and technological innovation of financial resources and social capital, and guide innovative resources such as projects, funds, talents, and bases to be tilted towards enterprises. Relying on the advantages of the domestic super-large-scale market, we will make greater efforts to promote the application and iteration of innovative achievements, implement and improve the insurance compensation policy for the first batch of major technical equipment and new materials, and solve the bottleneck of economies of scale that may be faced in the early stage of the introduction of new quality productivity in a market-oriented way.
In addition, in view of the shortcomings and weaknesses of the industrial chain and the first chain, we can encourage and guide more enterprises and scientific researchers to carry out scientific research and further stimulate the innovation vitality of the whole society through measures such as integrating and optimizing relevant financial projects, implementing the financial support policy of "specialization, refinement, special innovation", and accelerating the pilot reform of the ownership or long-term use rights of scientific and technological achievements.
At present, China is in a critical period of economic recovery and industrial transformation and upgrading, and there are still many uncertain and unpredictable factors. In this context,The financial authorities have taken strong and effective measures to promote the development of new productive forces from multiple levels and perspectives, which will help accelerate the construction of a modern industrial system and enhance China's independent innovation capabilities and core competitiveness.
This article is from: Economy**.