Xinhua News Agency, Beijing, February 1 — The Political Bureau of the CPC Central Committee conducted its 11th group study session on the afternoon of January 31, focusing on advancing high-quality development. While presiding over the session, Xi Jinping, General Secretary of the CPC Central Committee, stressed that it is imperative to keep in mind that high-quality development is the paramount principle of the new era, fully implement the new development philosophy, and ensure the implementation of strategic tasks such as accelerating the building of a modern economic system, achieving greater self-reliance and strength in science and technology, speeding up the creation of a new development paradigm, coordinating further reforms and high-standard opening up, and balancing development and security. He called for improving the evaluation system for high-quality development to lay a solid foundation for advancing it. Developing new quality productive forces is an inherent requirement and a key focus in promoting high-quality development. We must continue to make big strides in innovation and accelerate the development of new quality productive forces.

This collective study session of the Political Bureau featured self-study and work experience exchanges among its members. Comrades Ma Xingrui, He Lifeng, Zhang Guoqing, and Yuan Jiajun delivered speeches based on their respective areas of responsibility and local work, while comrades Liu Guozhong and Chen Min'er submitted written statements. Discussions were held among all participants.

Xi Jinping delivered an important speech while presiding over the study session. He noted that since the new era, the CPC Central Committee has made a series of major decisions and plans to promote high-quality development, which has become a consensus and voluntary action of the whole Party and society as well as the main theme of economic and social development. In recent years, China has achieved fruitful outcomes in scientific and technological innovation, with the results of innovation-driven development becoming increasingly evident. The coordination and balance between urban and rural as well as regional development have notably improved. Reform and opening up have been deepened across the board, unleashing dynamic vitality for development. Remarkable progress has been made in green and low-carbon transformation, with accelerated shifts in development models. High-quality development has achieved notable results. At the same time, factors constraining high-quality development remain abundant, which must be addressed with great attention and practical solutions.

Xi Jinping stressed that high-quality development requires new theories on productive forces for guidance, and that the new quality productive forces have already taken shape in practice and demonstrated their strong driving force and supportive role in high-quality development, necessitating theoretical summarization and generalization to guide new development practices. In summary, the new quality productive forces are advanced forms of productive forces where innovation plays a leading role, breaking away from traditional economic growth models and development paths of productive forces, characterized by high technology, high efficiency, and high quality, and aligned with the new development philosophy. They emerge from revolutionary technological breakthroughs, innovative allocation of production factors, and in-depth industrial transformation and upgrading, with the basic connotation of the elevation of laborers, means of labor, objects of labor, and their optimized combinations, and the core indicator of a significant increase in total factor productivity. Their defining feature is innovation, the key lies in superior quality, and their essence is advanced productive forces.

Xi Jinping pointed out that technological innovation can foster new industries, models, and growth drivers, serving as the core element in developing new quality productive forces. It is essential to strengthen technological innovation, particularly original and disruptive innovation, accelerate the achievement of greater self-reliance and strength in science and technology, win the battle in key core technologies, and facilitate the emergence of original and disruptive scientific and technological achievements to cultivate new growth drivers for new quality productive forces.

Xi Jinping stressed the need to apply scientific and technological innovation achievements to specific industries and industrial chains in a timely manner, upgrade traditional industries, foster and strengthen emerging industries, and plan and develop future industries to improve the modernized industrial system. The industrial chain should be built around the development of new quality productive forces to enhance the resilience and security of industrial and supply chains and ensure that the industrial system is self-reliant, secure, and reliable. We should focus on strategic tasks such as promoting new industrialization, accelerating the building of a manufacturing powerhouse, a quality powerhouse, a cyber powerhouse, a digital China, and an agricultural powerhouse, and make scientific arrangements for scientific and technological innovation and industrial innovation. We should vigorously develop the digital economy, promote the in-depth integration of the digital economy and the real economy, and build internationally competitive digital industry clusters.

Xi Jinping noted that green development is the defining feature of high-quality development, and the new quality productive forces are inherently green productive forces. It is imperative to accelerate the green transformation of the growth model to help achieve the carbon peak and neutrality goals. We must firmly establish and act on the concept that lucid waters and lush mountains are invaluable assets, and we must stay firmly committed to the path of giving priority to eco-environmental protection and promoting green development. We should speed up green scientific and technological innovation and promote the application of advanced green technologies, strengthen green manufacturing, develop green services, build up green energy industry, grow green and low-carbon industries and supply chains, and establish a sound economic system for green, low-carbon, and circular development. We should keep improving the economic policy toolkit for green and low-carbon development, give full play to the leading role of green finance, and build efficient, eco-friendly, and green industrial clusters. At the same time, we should vigorously promote green and healthy lifestyles across society.

Xi Jinping stressed that the relations of production must be adapted to the development requirements of the productive forces. To develop new quality productive forces, it is imperative to further comprehensively deepen reforms and form new relations of production that are compatible with them. We should deepen reforms in the economic, scientific and technological systems, focus on removing bottlenecks and obstacles that hinder the development of new quality productive forces, establish a high-standard market system, innovate the allocation of production factors, and ensure the smooth flow of advanced and quality production factors to the development of new quality productive forces. At the same time, we should expand high-standard opening up and create a favorable international environment for developing new quality productive forces.

Xi Jinping stressed that efforts should be made to ensure a virtuous cycle of education, science and technology, and talent in line with the requirements of developing new quality productive forces, and improve the working mechanism for cultivating, introducing, utilizing, and facilitating the rational flow of talent. In view of new trends in the development of science and technology, it is imperative to optimize the disciplinary structure of higher education institutions and talent training models and cultivate urgently needed talent for developing new quality productive forces and promoting high-quality development. We should improve the mechanism for production factors to participate in income distribution to stimulate the vitality of labor, knowledge, technology, management, capital, and data, better reflect the market value of knowledge, technology, and talent, and foster an enabling environment that encourages innovation and tolerates failure.