Why emphasize innovation driven connotative growth

This points out the direction for better promoting high-quality economic development.

Generally speaking, there are two main ways to expand reproduction, namely extensional expansion reproduction and connotative expansion reproduction. On this basis, it gradually evolved into two main types of economic growth: extensional growth and connotative growth. Among them, epitaxial growth is mainly achieved by increasing the input of production factors to expand production scale, thereby promoting economic growth; Connotative growth mainly relies on technological progress, improving the quality of workers, enhancing total factor productivity, and reducing environmental costs to improve the quality and efficiency of production factors, thereby achieving an increase in output quantity and production level.

Currently, a new round of technological revolution and industrial transformation is flourishing, accelerating technological innovation and increasingly integrating into the entire process of economic and social development in various fields. The speed, scope, and impact are unprecedented. At the same time, China's economic development has shifted from a stage of high-speed growth to a stage of high-quality development, and the traditional development model is difficult to sustain. We cannot simply talk about heroes based on the growth rate of gross domestic product. Innovation must be the primary driving force to promote changes in the quality, efficiency, and driving force of economic development. In this regard, achieving innovation driven connotative growth has become an inevitable requirement for economic transformation and development. We must emphasize innovation as the core driving force of economic growth, focus on improving total factor productivity, continuously increase the contribution rate of scientific and technological progress to economic growth, pursue reasonable growth in quantity, adhere to quality first and efficiency first, vigorously enhance quality awareness, and promote high-quality economic development.

From a theoretical perspective, innovation driven connotative growth is a key condition for high-quality economic development. Economic growth and development are a set of concepts in economic theory that are closely related but differ. Economic growth mainly focuses on the development of productive forces, while economic development is based on economic growth and comprehensively considers various issues such as economy, society, and environment. Economic growth and development can only form a mutually reinforcing effect by matching each other. To promote high-quality economic development, it is necessary to focus on improving quality and efficiency, with meeting the growing needs of the people for a better life as the starting point and foothold, and to promote the effective improvement of quality and reasonable growth of quantity in the economy. Compared to extensional growth, connotative growth mainly relies on technological progress, improvement of labor quality, and enhancement of total factor productivity to promote endogenous economic growth, which can better meet the internal requirements of high-quality economic development.

From a practical perspective, innovation driven connotative growth is a way to achieve high-quality economic development. The increase in labor input, capital accumulation, and improvement in total factor productivity are all important factors that promote economic growth. From the development experience of developed economies and the practice of China's economic transformation and development, it can be seen that only by continuously improving the contribution of total factor productivity to economic growth can we more effectively improve the quality of economic growth and ultimately achieve high-quality development. On the specific path, the improvement of total factor productivity relies more on accelerating technological progress and improving resource allocation efficiency. By promoting innovation driven connotative growth, we can better promote changes in the quality, efficiency, and driving force of economic development, and continuously enhance the endogenous growth momentum of the economy.

To build a modern socialist country in all respects, we must, first and foremost, pursue high-quality development. To make high-quality development rely more on innovation driven connotative growth, the key lies in technological innovation. The core is to make innovation the first driving force of economic growth, and to implement policies from different levels.

At the enterprise level, it is necessary to strengthen the position of enterprises as the main body of scientific and technological innovation, and promote the aggregation of innovation factors to enterprises. Enterprises are the main body of market economic activities and also the main driving force of technological progress. Enterprises increasing their efforts in technological innovation can effectively link technological innovation with economic growth, and open up a channel from technological strength to industrial and economic strength. To promote the formation of an innovation system with enterprises as the main body and efficient collaboration and deep integration of industry, academia and research, accelerate the transformation of scientific and technological achievements into real productivity, and continuously improve the level of scientific and technological transformation and industrialization. We should focus on the major needs of national strategy and industrial development, increase support for enterprise innovation, actively encourage and effectively guide enterprises to participate in national major innovation, and promote enterprises to play a role in key core technology innovation and major original technology breakthroughs.

At the industrial level, we need to accelerate the construction of a modern industrial system and provide a material and technological foundation for achieving connotative growth. Industry is the foundation of the economy and development. Without a solid material and technological foundation, it is impossible to achieve connotative economic growth and high-quality development. To win the battle against key core technologies and thoroughly solve the technical problems that hinder key industries; Fully utilize the advantages of the domestic large-scale market, promote the rapid and large-scale application of new technologies and the optimization and upgrading of new product iterations, and effectively enhance the innovation level and international competitiveness of the industrial chain; Accelerate the realization of high-level technological self-reliance and self-improvement, strive to bring the technological level of major industries to the international advanced level, and accelerate the construction of a modern industrial system that is independent, controllable, safe, reliable, and highly competitive.

At the institutional level, it is necessary to establish a basic system that supports comprehensive innovation and provide a favorable institutional environment for achieving connotative growth. Knowledge, technology, talent and other factors play a crucial role in promoting connotative growth in a country or region, and a high-quality and efficient innovation institutional environment can fully amplify the contribution of these factors to economic growth. We need to deepen the reform of the scientific and technological system, establish a basic system that supports comprehensive innovation, fully mobilize the enthusiasm of the whole society for scientific and technological investment, promote the deep integration of the funding chain and the industrial chain innovation chain, strengthen the legal protection of intellectual property rights, protect inventions and creations, and promote the transformation of scientific and technological achievements. We need to deepen the reform of the talent development system and mechanism, adhere to respecting labor, knowledge, talent, and creativity, implement more active, open, and effective talent policies, and fully stimulate the innovative vitality of various types of talents.