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The ABCs of new quality productive forces

Updated: Mar 6, 2024 chinadaily.com.cn/Xinhua Print
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What are the drivers, basic connotation and core hallmark?

Drivers: revolutionary technological breakthroughs, innovative allocation of production factors, and deep industrial transformation and upgrading

Basic connotation: the improvement of workers, means of labor, subjects of labor and their optimal combinations

Core hallmark: a substantial increase in total factor productivity

Marked by innovation, and with high quality as the key, new quality productive forces are advanced productivity in essence.

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