How to enhance the endogenous development momentum of Shanghai's economy
The economic recovery of our country is a process of wave like development and tortuous progress, but it will not change the resilience, potential, and long-term positive fundamentals of the economy. We must adhere to the overall tone of seeking progress while maintaining stability, continuously promote the continuous improvement of economic operation, the continuous enhancement of endogenous driving force, the continuous improvement of social expectations, and the continuous resolution of risks and hidden dangers in overcoming difficulties, and accelerate the shaping of new advantages for high-quality development in consolidating the foundation and cultivating the foundation.
As for Shanghai, we should not only face the difficulties in progress and development, but also see that the fundamentals of strong economic resilience, strong momentum, and long-term improvement have not changed. We should focus on tackling difficulties on one hand and strengthening the foundation and nurturing the foundation on the other, and strive to explore and innovate on the basis of consolidating existing advantages.
Continuous optimization of industrial structure——
The upgrading of industrial structure can strengthen economic resilience and play an important role in combating non economic disturbance factors. Currently, Shanghai has entered a stage of advanced industrial structure and has a strong ability to smooth out economic fluctuations. In the first half of the year, the added value of the tertiary industry accounted for 76.07%, and the added value of the secondary industry accounted for 23.76%; The revenue of industrial enterprises above designated size is 2119.91 billion yuan, second only to Shenzhen in the country.
From the perspective of establishing a modern industrial system, Shanghai's industrial structure should be further optimized. Especially, the comprehensive level and professional level of the service industry still need to be further improved, the proportion of high-end manufacturing industry within the secondary industry is not high enough, and strategic emerging industries still need to enhance international competitiveness.
Accelerated transformation of technological innovation——
In 2022, the proportion of research and development expenditure to GDP in Shanghai will continue to increase, and the research and development intensity will be at the same level as that of first tier countries such as Israel and South Korea. In 2022, the authorized number of invention patents in Shanghai was 36800, a year-on-year increase of 11.98%; The number of international patent applications reached 5591, an increase of 15.76%.
Under the new situation, Shanghai should further promote the marketization and scale of high-tech achievements, and increase the productization and industrialization of patent achievements. To connect the Yangtze River Delta and create more dynamic incubation bases and technology achievement transformation bases.
Building a new driving force for headquarters economy——
In 2022, Shanghai newly identified 60 regional headquarters of multinational corporations and 25 foreign-funded research and development centers, with a total of 891 regional headquarters of multinational corporations and 531 foreign-funded research and development centers established. However, compared to global cities such as London and Paris, the economic level of Shanghai's headquarters still needs to be further improved, including attracting more global headquarters from domestic and foreign enterprises to gather in Shanghai.
Furthermore, in areas of weakness, key links, and cutting-edge areas, continuous breakthroughs and improvements are needed to enhance endogenous development momentum.
Firstly, break through the key links of high-end manufacturing industry. For example, breakthroughs can be made in key manufacturing processes such as integrated circuits and aviation engines, thereby strengthening international competitiveness, enhancing economic risk resistance, and driving the development of related domestic industries.
Secondly, enhance the comprehensive level of modern service industry. For example, providing more professional full process services can lead to greater development in the service economy and service trade, and balancing openness and security in the financial sector.
Thirdly, promote the expansion and penetration of the digital economy. For example, building a group of "Shanghai Data" brands with national influence in industries, finance, shipping, science and technology innovation and other fields; Improve the classification guidelines for public data openness, strengthen scenario guidance, and encourage enterprises to participate in open applications; Include more high-frequency data related to enterprises and the public in the scope of sharing, promote multi-directional flow between cities, districts, and streets and towns, and establish a grassroots oriented data rapid response mechanism.
Fourth, increase efforts in tackling major basic research. The reversal of the decline period of the Kangbo cycle requires the traction of technological revolution, and an important signal is the large-scale industrialization of iconic products. Currently, major developed countries around the world have introduced policy plans for major technological breakthroughs, striving to take the lead in moving towards an economic upward trend on the basis of technology leadership. On the basis of taking the lead in piloting the "Basic Research Special Zone", Shanghai needs to further target strategic, cutting-edge, and market-oriented directions, provide long-term and stable support, and enable researchers to focus on "sharpening their swords" and achieve more "from 0 to 1" and "from 1 to 100".