IDEAS home Printed from https://ideas.repec.org/a/taf/repsxx/v13y2025i1p1-15.html
   My bibliography  Save this article

Towards an accurate understanding of ‘new quality productive forces’

Author

Listed:
  • Fusheng Xie
  • Nan Jiang
  • Xiaolu Kuang

Abstract

‘Developing new quality productive forces’, one of the Chinese government’s top priorities for 2024, has garnered significant attention and discussions both domestically and internationally since its proposal. It is a strategic initiative aimed at resolving the principal contradiction facing Chinese society in the new era, aligning with policies like ‘supply-side structural reform’, ‘high-quality development’, and ‘a new pattern of development’. It is not a mere policy slogan. While ‘traditional productive forces’ contributed to China’s economic miracle, their limitations have been increasingly apparent in the evolving socioeconomic conditions, exemplified by the failure of supply systems to adapt to shifts in the demand structure, which has resulted in the principal social contradiction in the current Chinese society. Developing new quality productive forces entails promoting scientific and technological innovation-driven transformation in the mode of production, cultivating emerging industries with novel means of production and consumption, digitally transforming traditional sectors, forming network-based and intelligent production organisations and digitalised industrial ecosystems, and reshaping production relations to foster high-quality economic development.

Suggested Citation

  • Fusheng Xie & Nan Jiang & Xiaolu Kuang, 2025. "Towards an accurate understanding of ‘new quality productive forces’," Economic and Political Studies, Taylor & Francis Journals, vol. 13(1), pages 1-15, January.
    • Handle: RePEc:taf:repsxx:v:13:y:2025:i:1:p:1-15
    DOI: 10.1080/20954816.2024.2386503
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/20954816.2024.2386503
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/20954816.2024.2386503?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:repsxx:v:13:y:2025:i:1:p:1-15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/reps .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.