Since the annual “two sessions” concluded in early March, the phrase “new quality productive forces” has emerged as a buzzword and gained widespread attention in the context of China’s economic upgrading. Marked by innovation, new quality productive forces are advanced forms of productivity that represent a departure from traditional economic growth models. These forces align with China’s new development philosophy, which prioritizes innovation and sustainability. They encompass high tech, efficiency, and high-quality productivity methods. The rise of new quality productive forces signals a transformative shift in China's economic landscape, with research and development serving as the driving force behind emerging technologies and the advancement of new quality productive forces.


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