The ABCs of new quality productive forces

Editor's note: New quality productive forces, which were mentioned during the Central Economic Work Conference held in December last year, have recently become a buzzword, capturing the attention of various industries and sparking widespread discussions.

What does it mean?

With innovation playing the leading role, new quality productive forces mean advanced productivity that is freed from traditional economic growth models and productivity development paths. It features high technology, high efficiency and high quality, and comes in line with the new development philosophy.