High-Quality Development of China’s Manufacturing Industry Led by Innovation in Core Technologies

摘要

China’s Central Economic Work Conference held at the end of 2018 stressed that the top priority for 2019 is to promote the high-quality development of the manufacturing industry.At present,the most fundamental factors in the continued downward trend of China’s economic growth momentum are declines in fixed-asset investment in the manufacturing sector and low growth level of industrial added value.Therefore,the core tasks for maintaining China’s high-quality economic development at the current stage are to strengthen the capability of China’s manufacturing-oriented real economy to independently innovate,especially innovation breakthroughs in core technologies in the manufacturing sector;fundamentally activate the endogenous driving force for transformation and upgrading of the manufacturing system;and fully stimulate innovation and entrepreneurship among private,micro-,small-,and medium-sized enterprises.