Professor Jinlin Zhang, a researcher at the base, published an article in People's Daily
The article "Injecting Strong Motivation into the Construction of Modern Industrial System" written by Professor Jinlin Zhang, a researcher at the base, was published on the 05th edition of People's Daily on January 3, 2024.
Injecting Strong Motivation into the Construction of Modern Industrial System（New Theory）
Jinlin Zhang, People's Daily (January 3, 2024, Page 5)
Grasp the opportunity of industrial transformation, increase innovation investment, continue to promote the short board industry to complement the chain, the advantageous industry to extend the chain, the traditional industry to upgrade the chain, and the emerging industry to build the chain
A modern industrial system is the material and technological foundation of a modern country. Accelerating the construction of a modern industrial system supported by the real economy is related to winning strategic initiative in future development and international competition, and is an inevitable requirement for building a new development pattern and promoting high-quality development. The Central Economic Work Conference held not long ago emphasized that "we should lead the construction of a modern industrial system with scientific and technological innovation".From the perspective of conceptual connotation, the industrial system is a further extension of the industrial structure, which can be interpreted as an economic system composed of interconnected, supporting, and interdependent multiple industrial sectors. After the founding of the People's Republic of China, on the basis of poverty and weakness, China has gradually established a complete modern industrial system with all categories. Since the new era, China has insisted on placing the focus of economic development on the real economy, and has taken a big step towards the path of high-quality development. The industrial system is more complete, the industrial chain is more complete, and the overall strength, quality and efficiency, as well as innovation, competitiveness, and risk resistance have been significantly improved. The modern industrial system of coordinated development of the real economy, scientific and technological innovation, modern finance, and human resources is accelerating construction, laying a solid foundation for starting the new journey of building a socialist modern country in an all-round way.It should also be noted that some industries still have the problem of "large but not strong" and "complete but not excellent". There are many bottlenecks and shortcomings in key areas and key links, and key core technologies are "stuck". These problems have plagued the development of many industries and enterprises. At present, a new round of technological revolution and industrial transformation is in the ascendant. Frontier technologies such as general artificial intelligence, life science, and new energy are profoundly changing industrial production, leading the new direction of industrial development and opening up new tracks for industrial development. Looking to the future, we must seize the opportunity of industrial transformation, increase investment in innovation, and continue to promote the short-board industries to supplement the chain, the advantageous industries to extend the chain, the traditional industries to upgrade the chain, and the emerging industries to build the chain.To build a modern industrial system that is self-controlled, safe and reliable, and competitive, it is necessary to make great efforts and use real skills in many fields. On the one hand, we need to consolidate the foundation of science and technology. Scientific and technological innovation is the strategic support for building a modern industrial system. Deployment of the innovation chain around the industrial chain and layout of the industrial chain around the innovation chain can comprehensively enhance the industrial innovation ability, while playing the advantages of the new national system and promoting key core technology research in depth, which can provide solid support for accelerating the construction of a modern industrial system. On the other hand, we need to continue to focus on the real economy in developing the economy. The real economy is the foundation of a country's economy and the fundamental source of wealth creation. Solidly promoting new industrialization, accelerating the construction of a powerful manufacturing country, a quality power, a network power, and a digital China, and creating an internationally competitive digital industry cluster can better promote the construction of a modern industrial system. On the other hand, we also need to enhance the ability of financial services to support the real economy. Building a modern industrial system and developing the real economy cannot be separated from strong financial support. Adhering to the fundamental purpose of financial services supporting the real economy, promoting stable support, improved efficiency, and accurate direction of financial sector to the real economy will inject more vitality into the modern industrial system.Nowadays, the global industrial system and supply chain are showing a trend of diversified layout, regional cooperation, green transformation, and accelerated digitization. By taking advantage of the situation, strengthening the advantages of a complete industrial system and strong supporting capacity, efficiently gathering global innovation elements, promoting intelligent, green and integrated industries, and building a modern industrial system with integrity, progressiveness and security, we will surely consolidate the foundation of the new development pattern and enrich the momentum of high-quality development.
(The author is a professor and doctoral supervisor of Zhongnan University of Economics and Law)
Teacher Profile
Jinlin Zhang, professor and doctoral supervisor of the School of Finance at Zhongnan University of Economics and Law, was formerly the head of the Department of Scientific Research at Zhongnan University of Economics and Law. He has long been engaged in research in financial engineering and risk management, capital markets and investment, financial technology and inclusive finance. He has successively presided over major projects of the National Social Science Fund, general projects, humanities and social science fund projects of the Ministry of Education, key projects of the Humanities and Social Sciences Fund of Hubei Province, and vertical and horizontal topics of the Economic and Information Technology Department of Hubei Province. He has published more than 50 research papers in excellent academic journals and media such as Management World, Finance and Trade Economics, China Soft Science, Economic Management, Finance Research, and People's Daily Review.
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