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China Prioritizes Sustained and Healthy Development of Platform Economy

2024-07-06 06:56:30.284000

China is taking steps to enhance the innovation capabilities of platform enterprises and foster the sustained and healthy development of the platform economy. The State Council executive meeting, chaired by Premier Li Qiang, discussed the role of the platform economy in promoting the high-quality development of the digital economy. The meeting emphasized the need to foster the deep integration of digital technology with the real economy and advance the industrialization of digital technology. Efforts will be made to enhance foundational data frameworks and digital infrastructure while advancing the market-based allocation of data as a key economic input. The meeting also covered topics such as innovative pharmaceuticals, the development of the country's western regions, and growth in the Tianjin Binhai New Area [31376f81].

China's promotion of tech-savvy leaders and emphasis on high-quality development and technological advancement aligns with its efforts to foster the sustained and healthy development of the platform economy. The appointment of tech-savvy leaders reflects China's focus on enhancing its technological capabilities and developing its economy and technology sector. China aims to promote leaders with a background in science and engineering to drive innovation and technological progress. President Xi Jinping's new paradigm of quality productive forces integrates scientific and technological innovations to drive the development of strategic emerging and future-oriented industries. China's high-quality development is the first task for transforming into a modern socialist country. The development of new quality productive forces is achieved through self-innovation and innovation-driven development [f39d8e4a] [ce3bb6c0].

China's efforts to promote the sustained and healthy development of the platform economy also align with its focus on high-quality development and technological advancement. The State Council executive meeting chaired by Premier Li Qiang discussed the role of the platform economy in promoting the high-quality development of the digital economy. The meeting emphasized the need to foster the deep integration of digital technology with the real economy and advance the industrialization of digital technology. Efforts will be made to enhance foundational data frameworks and digital infrastructure while advancing the market-based allocation of data as a key economic input [31376f81].

China's top legislator, Zhao Leji, has called for efforts to implement the guiding principles of the second session of the 14th National People's Congress (NPC) and promote the high-quality development of the work of people's congresses. During a research tour in Hainan Province, Zhao emphasized the need for lawmakers to maintain close contact with the people and help address practical problems. He also urged Hainan to make better use of its unique advantage in formulating local regulations and called for legislation in key areas such as trade, investment, industrial development, business environment, people's livelihoods, and ecological civilization. Specifically, Zhao mentioned the construction of the Hainan free trade port and the need for supporting regulations [ce3bb6c0].

President Xi Jinping has urged Shandong province in China to pursue reform-driven high-quality development and build itself into 'a hub of high-level opening-up'. During his visit to Rizhao Port, Xi praised the port's efforts in advancing technological innovation and transforming traditional industries. He also emphasized the importance of transportation infrastructure, especially maritime transport, in achieving economic progress. Xi called on Shandong to actively build an international logistics corridor and leverage its marine resources. He also highlighted the need to boost modern agriculture and high-standard cropland development in the province. Xi's visit to Rizhao and Jinan is part of a three-day fact-finding trip [ce3bb6c0].

China's promotion of tech-savvy leaders and emphasis on high-quality development and technological advancement aligns with its efforts to foster the sustained and healthy development of the platform economy. The appointment of tech-savvy leaders reflects China's focus on enhancing its technological capabilities and developing its economy and technology sector. China aims to promote leaders with a background in science and engineering to drive innovation and technological progress. President Xi Jinping's new paradigm of quality productive forces integrates scientific and technological innovations to drive the development of strategic emerging and future-oriented industries. China's high-quality development is the first task for transforming into a modern socialist country. The development of new quality productive forces is achieved through self-innovation and innovation-driven development [f39d8e4a] [ce3bb6c0].

President Xi's new paradigm of quality productive forces emphasizes advanced technologies and human capital. It integrates scientific and technological innovations to drive the development of strategic emerging and future-oriented industries. China's high-quality development is the first task for transforming into a modern socialist country. The development of new quality productive forces is achieved through self-innovation and innovation-driven development. China's economy has proven resilient with stable and sustainable growth. The Chinese government aims to vigorously promote the building of a modernized industrial system and accelerate the development of new quality productive forces [ce3bb6c0].

The China-Pakistan Economic Corridor (CPEC) has provided crucial support for Pakistan's economic and social development. CPEC Phase-II will focus on industrial development, modernization, green technologies, and AI. The new government in Pakistan is driving comprehensive reforms to propel national development forward. Pakistan's '5Es' framework aligns with China's approach of promoting high-quality development [ce3bb6c0].

China's efforts to promote the sustained and healthy development of the platform economy also align with its focus on high-quality development and technological advancement. The State Council executive meeting chaired by Premier Li Qiang discussed the role of the platform economy in promoting the high-quality development of the digital economy. The meeting emphasized the need to foster the deep integration of digital technology with the real economy and advance the industrialization of digital technology. Efforts will be made to enhance foundational data frameworks and digital infrastructure while advancing the market-based allocation of data as a key economic input [31376f81].

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