Do a good job of combination boxing to make the road of high quality development wider and wider

Mondo Finance Updated on 2024-02-01

[Expert Perspective].

The report of the 20th National Congress of the Communist Party of China pointed out that high-quality development is the primary task of building a modern socialist country in an all-round way.

In 2023, China will withstand external pressure, overcome internal difficulties, comprehensively deepen reform and opening up, increase macroeconomic regulation and control, focus on expanding domestic demand, optimizing structure, boosting confidence, and preventing and resolving risks. At the same time, we should also note that the current external environment is becoming more complex, severe and uncertain, and economic development is still facing some difficulties and challenges.

* The Economic Work Conference proposed that we must take adhering to high-quality development as the last word in the new era. High-quality development is not achieved overnight, and it is necessary to make all-round efforts in terms of policies, industries, and talents, and play a good "combination punch". Strengthen the coordination and cooperation of fiscal, monetary, employment, industrial, regional, science and technology, environmental protection and other policies, incorporate non-economic policies into the consistency assessment of macro policy orientation, strengthen policy coordination, and ensure that the same direction is exerted and a joint force is formed.

Creating a first-class business environment is an important part of providing public services, and it is also an important foundation and key link to achieve high-quality development. In recent years, in response to the blockages, pain points and difficulties in the business environment, all localities have continued to innovate mechanisms, accelerate the comprehensive upgrading and optimization of the business environment, and make every effort to create a first-class business environment with high efficiency, excellent service, innovation and strong sense of gain, so as to plant fertile soil and cultivate a good ecology for the vigorous growth of enterprises.

Facts have proved that the development of a region depends on projects in the short term, policies in the medium term, and the environment in the long term. Optimizing the business environment is the key to stimulating the vitality of business entities and cultivating endogenous driving force for development. Cadres at all levels should strengthen the awareness of active service, front-line service, and innovative service, make more efforts to optimize the process, gnaw "hard bones" in solving problems, and accelerate the comprehensive upgrading and optimization of the business environment, so that the local area can become a hot land for investment and business, and a blessed land for entrepreneurship with peace of mind.

* The economic work conference pointed out that focusing on promoting high-quality development, highlight key points, grasp the key, and do a solid job in economic work. Leading the construction of a modern industrial system with scientific and technological innovation. It is necessary to promote industrial innovation with scientific and technological innovation, especially to use disruptive technologies and cutting-edge technologies to give birth to new industries, new models, and new kinetic energy, and develop new quality productive forces.

In recent years, China's innovation-driven development strategy has been implemented in depth, innovation investment has increased steadily, and innovation momentum and development vitality have surged. According to preliminary estimates, the investment in research and experimental development of the whole society in 2023 will reach 33,278200 million yuan, R&D investment intensity of 264%, an increase of 008 percentage points.

Industrial development is the foundation of economic development and the source of creating national wealth. The construction of a modern industrial system should not only be outlined, but also be precise. Through scientific and technological innovation to open up new fields and new tracks for development, we can achieve dynamic transformation, orderly promote the acceleration of the transformation of new and old kinetic energy, develop emerging industries "out of nothing", graft and transform traditional industries with "new development", and better promote the high-quality development of industries.

In addition, the "flower of industry" is inseparable from the "financial living water". Only by adhering to the purpose of financial services for the real economy and improving the matching between financial supply and the real economy can we guide financial resources to better support the key areas and weak links of economic and social development. By continuously giving full play to the functions of the financial market in cultivating innovative enterprises, promoting the formation of innovative capital, and optimizing the allocation of innovative resources, it is very important to accelerate the realization of a high-level cycle of "science and technology-industry-finance" to promote industrial transformation and upgrading and accelerate the construction of a modern industrial system. It is necessary to promote the in-depth connection between banks and enterprises, smooth the financing channels of enterprises, effectively solve the capital needs of enterprises, and strive to achieve a win-win situation.

Author: Zhang Zhiyuan, Dean of the Industrial Development Research Institute of Shandong University of Finance and Economics, Dean of the Shandong Institute of Financial and Economic Strategy, Second-level Professor, and Doctoral Supervisor).

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