On March 24, the "China Development Forum 2024 Annual Conference" hosted by the Development Research Center of the State Council and undertaken by the China Development Research Foundation was held in Beijing.

　　Zheng Shajie, director of the National Development and Reform Commission, attended the annual meeting and delivered a keynote speech on "Actively Cultivating and Developing New Quality Productivity and Promoting High-quality Economic Development".

　　Zheng Shajie said that in the past year, China's economy has been rolling up the hill and climbing over hurdles in steady growth, structural adjustment, momentum increase, and risk prevention, showing the characteristics of rebounding growth, structural optimization, and quality improvement, and new achievements have been made in economic recovery, new steps have been taken in economic restructuring, and new breakthroughs have been made in the cultivation of economic momentum. Judging from the economic operation this year, as the macro policy continues to take effect, China's economy has made a good start, production has risen steadily, demand has continued to recover, and leading indicators continue to improve, and we have the confidence, ability, conditions and confidence to achieve the main expected goals of economic and social development.

　　Zheng Shajie said that China's cultivation and development of new quality productivity and promotion of high-quality development will provide domestic and foreign investors with unlimited market opportunities and incomparably broad development prospects.

　　First, the Chinese market provides massive demand. The diversified and high-end consumption demand of Chinese residents is increasing day by day, and the new industrialization and urbanization, equipment renewal and trade-in of consumer goods, and the comprehensive transformation from dual control of energy consumption to dual control of carbon emissions have brought huge market demand, creating huge development dividends for Chinese and foreign enterprises.

　　The 21st Century Business Herald reporter learned from the scene that Zheng Shajie provided a set of data in her keynote speech. With the advancement of China's new industrialization and urbanization, it is expected that every percentage point increase in urbanization will drive trillions of new investment demand and 200 billion yuan of new consumer demand. With the promotion of China's large-scale equipment renewal and consumer goods trade-in, equipment renewal will be promoted in seven fields: industry, agriculture, construction, transportation, education, cultural tourism, and medical care, which is expected to form a huge market with an annual scale of more than 5 trillion yuan; With the trade-in of durable consumer goods such as automobiles, home appliances, and home furnishings, it is also expected to release the market potential of trillions of yuan. As China promotes the comprehensive transformation from dual control of energy consumption to dual control of carbon emissions, it is expected that by 2030, at least 2 trillion yuan of new investment will be added every year.

　　"The three things I'm talking about now are all things that are being done, and Chinese and foreign companies can share this benefit and win new increments and opportunities for development," Zheng said.

　　Second, made in China stabilizes global supply and demand. China has the most complete industrial system in the world, with perfect soft and hard infrastructure, abundant human resources, improved innovation capabilities, and rich application scenarios, and can quickly respond to changes in global supply and demand with scale and cost advantages. Whether it is the upstream, midstream and downstream of the industrial chain, labor-intensive, technology-intensive, capital-intensive industries, or traditional industries, emerging industries, and future industries, you can find ideal partners in China.

　　Third, China's innovation creates huge business opportunities. China is promoting in-depth reform, high-level opening-up and all-round innovation, accelerating the construction of a modern industrial system supported by advanced manufacturing, accelerating the transformation of new and old kinetic energy, and new market demand, new investment opportunities and new cooperation projects will emerge in large numbers, providing broad space for all kinds of enterprises to achieve mutual benefit and win-win results and common development in China.

　　Zheng Shajie said that as an important source of power for world economic growth, China's active cultivation and development of new quality productive forces will not only develop itself, but also inject more and stronger impetus into the recovery and growth of the world economy. The National Development and Reform Commission will continue to take pragmatic measures to accelerate the development of new productive forces.

　　The first is to lead industrial innovation with scientific and technological innovation. Accelerate the construction of innovation capacity, implement a number of major scientific and technological projects, and strengthen the main position of enterprises in scientific and technological innovation. Accelerate the transformation and upgrading of traditional industries, implement actions to enhance the core competitiveness of the manufacturing industry, technological transformation and upgrading projects, and promote the high-end, intelligent and green development of the manufacturing industry. Accelerate the cultivation and expansion of emerging industries, promote the deep integration of digital technology and the real economy, the integration of advanced manufacturing and modern service industries, implement the "data element ×" action plan, and create new growth engines such as biomanufacturing, commercial aerospace, new materials, and low-altitude economy. Accelerate the layout of future industries, open up new tracks such as quantum technology and life sciences, and carry out "artificial intelligence +" actions.

　　The second is to promote institutional innovation. We will further improve the basic market system, formulate guidelines for the construction of a unified national market, and issue a new version of the negative list for market access. We will further optimize the business environment, improve the normalized communication and exchange mechanism with enterprises, and implement actions to improve the business environment. We will further promote green and low-carbon transformation, strengthen green manufacturing, develop green service industries, expand green energy industries, and build a green, low-carbon and circular economic system.

　　The third is to expand high-level opening up. Strengthen international scientific and technological cooperation, support foreign-funded science and technology enterprises and domestic scientific research institutions or enterprises to jointly carry out scientific and technological research, and thoroughly implement the "Belt and Road" scientific and technological innovation action plan. Strengthen personnel exchanges and cooperation, further improve the convenience of personnel exchanges between China and foreign countries, and provide convenience for foreign personnel to work, study and travel in China. Strengthen investment, economic and trade cooperation, steadily expand institutional opening-up, further promote high-level opening-up of cross-border trade in services and investment, make greater efforts to attract foreign investment, accelerate the issuance of the 2024 version of the negative list for foreign investment access, continue to support the construction of a number of major foreign-funded projects, expand market access for digital products and other products, and vigorously promote the development, opening-up, circulation and use of data.

Note: The picture is from China Construction First Bureau, reprinted from Jianlong Vision, not for any commercial use, only news browsing"