The Central Economic Work Conference held in December 2023 systematically deployed key tasks for economic work in 2024, and “leading the construction of a modernized industrial system with scientific and technological innovation” was at the top of the list, emphasizing that “we should promote industrial innovation with scientific and technological innovation, especially with disruptive and frontier technologies, and develop new productivity”.

At present, the international situation is complicated, science and technology innovation has become the main battlefield of the international strategic game. The Central Economic Work Conference has conveyed an important signal to strengthen the deep integration of scientific and technological innovation and industrial innovation, which provides an action guide for China to promote high-quality economic development, realize high-level scientific and technological self-reliance, and win the initiative of development.

China is now at a critical period of economic growth and industrial transformation and upgrading, with both strategic opportunities and risky challenges. In order to overcome the new difficulties and challenges encountered in development, it is necessary to adhere to the principle of “seeking progress while maintaining stability, promoting stability through progress, and establishing before breaking”, develop new productive forces, and enhance the resilience and security level of the industrial supply chain.

On the one hand, the formation and development of new quality productivity can not be separated from the solid promotion of basic science and technological innovation, the discovery, testing, application of basic science, and then explore the next generation of scientific paradigm, which will directly bring about a leap in the capacity of original innovation, which will be conducive to scientific and technological innovation to promote industrial innovation, giving rise to new industries, new models, new kinetic energy.

On the other hand, the new quality productivity constantly injects “fresh blood” into strategic emerging industries and future industries, which will not only vigorously pull the organic coupling of innovation chain, industrial chain, capital chain and talent chain, but also accelerate the construction of application scenarios, such as industrial Internet and smart business district, so as to build a new industry with original innovation capability.

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