SOURCE / ECONOMY
Lawmakers from East China’s Jiangsu vow to accelerate development of new quality productive forces after deliberation with President Xi
Published: Mar 07, 2024 08:11 PM
An employee works busily at an engineering equipment manufacturing factory in Nanjing, East China's Jiangsu Province, on February 29, 2024. China has been the world's top manufacturing hub for 14 consecutive years. In 2023, the value-added of equipment makers above the designated size was up by 6.8 percent year-on-year. Photo: VCG

An employee works busily at an engineering equipment manufacturing factory in Nanjing, East China's Jiangsu Province, on February 29, 2024. China has been the world's top manufacturing hub for 14 consecutive years. In 2023, the value-added of equipment makers above the designated size was up by 6.8 percent year-on-year. Photo: VCG


Deputies from East China's Jiangsu Province who interacted with Chinese President Xi Jinping during a deliberation at the second session of the 14th National People's Congress, told the Global Times on Thursday that they had been deeply inspired and vowed to accelerate the development of new quality productive forces.

Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, on Tuesday participated in a deliberation with his fellow deputies from the delegation of Jiangsu Province at the second session of the 14th National People's Congress, China's national legislature, the Xinhua News Agency reported.  

During the deliberation, Xi stressed the importance of developing new quality productive forces according to local conditions.

Xi called for focusing on high-quality development as the top priority, urging efforts to step up innovation, foster emerging industries, adopt forward-thinking plans for developing future-oriented industries and improve the modernized industrial system, according to Xinhua.

Scientific and technological innovation has become an important driving force for China's development and the term "new quality productive forces" has become a buzzword at the ongoing two sessions. 

And the guidelines presented by Xi have served to enlighten NPC deputies from Jiangsu Province, with many saying that they are inspired by Xi's emphasis on developing new quality productive forces, which is set to inject new growth momentum to the Chinese economy.

Shan Zenghai, an NPC deputy and chief engineer of Chinese construction equipment giant Xuzhou Construction Machinery Group (XCMG), told the Global Times on Thursday that he is heartened by Xi's direction on guiding Jiangsu to develop new quality productive forces and become a base, and forge industrial clusters of new and emerging industries.

"The encouragement from top leadership greatly boosted our confidence in sticking to innovation-driven growth, bolstering the real economy and promoting high quality development," Shan said.

Chen Wei, an NPC deputy and the President of Jiangnan University, told the Global Times on Thursday that Xi's direction on making science and technological innovation a pillar in nurturing new quality productive forces has mapped out a blueprint for colleges to serve the country's economic and social development.

Promoting the in-depth integration of innovative factors, industrial chains, capital and talent represents key tasks for colleges, including encouraging scientists and researchers to walk out of laboratories and to the assembly lines, Chen said.

Zhou Bin, another NPC deputy and Party chief of Yancheng city, told the Global Times on Thursday that Xi's guidance carved out new space for development and the city has focused its development on new industrialization since the new year with the aim to construct modern industrial system.

The city will focus on nurturing "little giants," or industrial enterprises that have unique niche in the market, high-tech enterprises and listed firms.

The concept of new quality productive forces refers to a new form of productive forces derived from continuous sci-tech breakthroughs and innovation that drive strategic emerging industries and future industries in a more intelligent information era.

The development of new quality productive forces is currently accelerating across China. 

East China's Jiangsu Province is a manufacturing and exports powerhouse. It is also home to a vast number of private companies and a key destination of foreign-invested companies in China. The province has set a growth target of over 5 percent for 2024, after recording a growth of 5.8 percent in 2023.