The magazine "Seeking Truth" publishes an important article by General Secretary Xi Jinping on "Developing New Productive Forces According to Local Conditions"

The 22nd issue of "Seeking Truth" magazine, published on November 16th, will feature an important article by Xi Jinping, General Secretary of the Communist Party of China, President of the country, and Chairman of the Central Military Commission, titled "Developing New Quality Productivity According to Local Conditions". This is an excerpt from Xi Jinping's important discourse from September 2023 to April 2025. The article emphasizes that new quality productivity is driven by innovation, breaking away from traditional economic growth methods and production development paths, characterized by high technology, high efficiency, and high quality, in line with the advanced productivity quality of the new development concept. It is generated by revolutionary technological breakthroughs, innovative configurations of production factors, and deep industrial transformation and upgrading, with the basic essence of the ascension of the optimized combination of laborers, labor materials, and labor objects as well as a substantial increase in total factor productivity as its core symbol, characterized by innovation, with a key emphasis on quality excellence, fundamentally embodying advanced productivity. The article points out that technological innovation and industrial innovation are the basic paths for developing new quality productivity. Technological innovation can foster new industries, new models, and new dynamics, serving as the core element for developing new quality productivity. To promote technological innovation, we must focus on building a modern industrial system, not only generating technological achievements but also transforming them into tangible productivity. To promote industrial innovation, we must strengthen the foundation of the real economy, persist in driving the transformation and upgrading of traditional industries and simultaneously developing strategic emerging industries and future industrial new tracks. The integration of technological innovation and industrial innovation requires building platforms, improving institutional mechanisms, strengthening the position of enterprise innovation as the primary subject, and ensuring seamless integration between the innovation chain and the industrial chain. The article emphasizes the need to resolutely eliminate systemic deficiencies that hinder high-quality development and improve production relations that are better suited to new quality productivity. Strengthening institutional supply in new fields and new tracks, encouraging the convergence of various advanced production factors towards the development of new quality productivity. Enhancing the national innovation system, stimulating the vitality of various innovation subjects, focusing on strengthening basic research and enhancing original innovation capabilities, and intensively tackling breakthroughs in key core technologies and cutting-edge technologies. Clearing the bottlenecks and obstacles that impact and hinder comprehensive innovation, coordinating the integrated development of education, science and technology, talent, laying a solid foundation and strategic support for the development of new quality productivity. The article emphasizes that during the "14th Five-Year Plan" period, it is necessary to prioritize the development of new quality productivity according to local conditions in a more prominent strategic position, accelerate the construction of a modern industrial system led by technological innovation and based on the real economy. Regions should start from the reality, selectively promote the development of new industries, models, and dynamics based on local resource endowments, industrial foundations, and research conditions, accelerate the transformation and upgrading of traditional industries, which serve as the basic support for economic growth and employment income, and promote a smooth transition between old and new development forces.