Why does China coin "new quality productive forces"?

The Point with Liu Xin
29/07/2024 27 min

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Episode Synopsis

According to a major meeting on deepening reforms concluded days ago, China will improve the institutions and mechanisms for fostering "new quality productive forces" and apply digital technology to promote its digital economy. What exactly are these reforms regarding new quality productive forces? What role does it play in China's high-quality development? What can other countries take away from China's methodology?
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