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Volume 51 Issue 9
October 2019
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Citation: Yuchang HE and Chao PAN. High Quality of Economic Development Lying in High Quality of the Real Economy[J]. Academic Monthly, 2019, 51(9): 57-69. shu

High Quality of Economic Development Lying in High Quality of the Real Economy

  • China’s economy has changed from speed and scale growth to quality and efficiency development. The high quality of economic development is the strategic choice of the New Normal Economy and the main goal of economic transformation, and lies in the high quality of the real economy. But there are many obstacles in seeking high quality economic development due to the weakening real economy. The constraints to the high quality economic development are the imbalance between the real economy and the virtual economy, the low end of the industrial structure, the low end of the product value chain, the low benefits of extensive growth, the lack of efficiency and technological innovation, and damage to the ecological environment. The high quality of the real economy lies in the optimization of the real economy structure and industrial upgrading, the improvement of economic benefits and the technological innovation of the real economy, and the well-coordinated development of the real economy and the ecological environment. It is necessary to construct an indicator system to evaluate the quality of the real economy, in which the industrial structure, economic benefits, technological innovation, and ecological environment are the four primary indicators of the quality of the real economy, and these four aspects include a series of factors as secondary indicators. To realize a high quality development of the real economy we need to accelerate the adjustment of traditional industrial structure, upgrade the real economy industry, speed up the development of strategic emerging industries, develop the growth point of the real economy, innovate new ways of economic development and new models, and expand new areas of the real economy, upgrade technology and intensified production as a means to improve benefits of the entire economy.
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      Guoqiang TIAN . Policy Coordination and Reform Response for China’s High-quality Economic Development. Academic Monthly, 2019, 51(5): 32-38.

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      Guoqiang TIANXudong CHEN . How to Pursue Progress while Maintaining Stability and Promote High-quality Development for China’s Economy. Academic Monthly, 2022, 54(6): 34-46.

    3. [3]

      . Theoretical Interpretation and Practical Orientation of China’s Economy from High Speed Growth to High Quality Development in New EraRen Baoping. Academic Monthly, 2018, 50(03): 66-74.

    4. [4]

      Hutao YANG . High Quality Economic Activities: Mechanism, Specificity and Policy Choice. Academic Monthly, 2020, 52(4): 35-44.

    5. [5]

      LIU Zhibiao . . Academic Monthly, 2018, 50(7): 39-45.

    6. [6]

      Tie LYUZaichi LI . Digital Technology Empowers High-quality Development of Manufacturin. Academic Monthly, 2021, 53(4): 56-65, 80.

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      Baoping REN . New Logic of Promoting High-quality Development in the New Journey of Chinese Path to Modernization. Academic Monthly, 2023, 55(1): 48-55.

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      Baoping REN . The Major Theoretical Problems in the Period of the 14th Five-Year Plan to Accelerate the Development of High Qualitye. Academic Monthly, 2021, 53(2): 75-84.

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      Yanjing ZHAOShuang QIUTao SONG . The Transition from High-speed to the High-quality of China’s Urbanization. Academic Monthly, 2019, 51(6): 32-44.

    10. [10]

      . . Academic Monthly, 2017, 49(05): 102-115.

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      HU Xiaopeng . Research on the Theoretical Mechanism and Regulatory Strategies of Big Data Driving and Economic Development. Academic Monthly, 2023, 55(6): 53-65.

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      Zhibiao LIU . The Framework, Challenges and Countermeasures of a High-level Socialist Market Economy System. Academic Monthly, 2023, 55(4): 82-90.

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      . . Academic Monthly, 2016, 48(09): 73-83.

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      He Yuchang Fang Kun . . Academic Monthly, 2018, 50(5): 56-67.

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      Xudong CHENLin CHENG . Research on History of Modern Chinese Economic Thought and Construction of Academic Discourse System in the New Era. Academic Monthly, 2019, 51(6): 45-52.

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      Jinfeng GEZhigang YUANXiaoyan FAN . Understanding Globalization: An Analysis from the Perspective of the Co-evolution of Economic-Social-Political System. Academic Monthly, 2021, 53(8): 31-44.

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      Baoping REN . The Logic of China’s 70-Year Economic Development and Its Innovation in the Development Economics. Academic Monthly, 2019, 51(8): 27-36.

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      HE Da’an . The Future Development of Digital Economy and the Vision of Market-typed Planned Economy. Academic Monthly, 2023, 55(6): 38-52.

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      Hutao YANG . Construction of the New Development Paradigm and Development of Digital Economy: Internal Logic and Policy Focus. Academic Monthly, 2021, 53(12): 60-73.

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      Wei LIU . The Doctrinal System and Theoretical Logic of Xi Jinping’s “Socialist Political Economy with Chinese Characteristics”. Academic Monthly, 2021, 53(5): 5-16.

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          High Quality of Economic Development Lying in High Quality of the Real Economy

          Abstract: China’s economy has changed from speed and scale growth to quality and efficiency development. The high quality of economic development is the strategic choice of the New Normal Economy and the main goal of economic transformation, and lies in the high quality of the real economy. But there are many obstacles in seeking high quality economic development due to the weakening real economy. The constraints to the high quality economic development are the imbalance between the real economy and the virtual economy, the low end of the industrial structure, the low end of the product value chain, the low benefits of extensive growth, the lack of efficiency and technological innovation, and damage to the ecological environment. The high quality of the real economy lies in the optimization of the real economy structure and industrial upgrading, the improvement of economic benefits and the technological innovation of the real economy, and the well-coordinated development of the real economy and the ecological environment. It is necessary to construct an indicator system to evaluate the quality of the real economy, in which the industrial structure, economic benefits, technological innovation, and ecological environment are the four primary indicators of the quality of the real economy, and these four aspects include a series of factors as secondary indicators. To realize a high quality development of the real economy we need to accelerate the adjustment of traditional industrial structure, upgrade the real economy industry, speed up the development of strategic emerging industries, develop the growth point of the real economy, innovate new ways of economic development and new models, and expand new areas of the real economy, upgrade technology and intensified production as a means to improve benefits of the entire economy.

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