Xi Jinping, the general secretary of the Communist Party of China (CPC) Central Committee, has urged efforts to accelerate the development of new productive forces and firmly promote high-quality development.

Mr Xi made the remarks on Wednesday while presiding over a group study session of the Political Bureau of the CPC Central Committee.

He stressed that high-quality development is an unyielding principle in the new era.

“Developing new productive forces is the intrinsic requirement and an important focus of promoting high-quality development. It’s necessary to continue to well leverage innovation to speed up the development of new productive forces,’’ Mr Xi said.

Mr Xi said there were still many factors restricting high-quality development, which a new productivity theory must guide.

“With innovation playing the leading role, new productive forces mean advanced productivity that was freed from traditional economic growth mode and productivity development paths,” the Chinese leader added. “It also features high-tech, high efficiency and high quality, that came in line with the new development philosophy.”

Mr Xi said revolutionary technological breakthroughs, innovative allocation of production factors, and deep industrial transformation and upgrading drove new productive forces.

Mr Xi said the improvement of workers, means of labour, subjects of labour and their optimal combinations are its basic connotation, and a substantial increase in total factor productivity is its core hallmark.

Marked by innovation and high quality as the key, new productive forces were advanced productivity, Mr Xi said.

He pointed out that sci-tech innovation could generate new industries, new models and new growth drivers, which were the core elements of developing new productive forces.

Mr Xi called for strengthening sci-tech innovation, especially original and disruptive innovation, accelerating the realisation of high-level self-reliance in science and technology.

It fought hard for breakthroughs in core technologies in key fields so that original and disruptive sci-tech innovation outcomes.

This could keep emerging to foster new growth drivers of new productive forces.

(Xinhua/NAN)