A government work report was released at the annual gathering of the country's top legislature on March 5, emphasizing the need for deepening reform, expanding openness, and accelerating development in 2024.
The report proposed promoting the construction of a modern industrial system and accelerating the development of "new quality productive forces".
"New quality productive forces" refers to advanced productivity that breaks free from traditional economic growth modes and productivity development paths. They utilize high-level technologies, and are efficient and of good quality.
In 2023, Northwest China's Shaanxi province achieved breakthroughs in 363 key core technologies, with its number of technology-based small and medium-sized enterprises and high-tech enterprises growing by 37 percent and 33 percent, respectively.
Zhao Xiangmo, a deputy of the National People's Congress (NPC) and president of Xi'an University of Architecture and Technology, gave suggestions on how to accelerate the development of new quality productive forces in the field of intelligent transportation.
Zhao suggested that support should be given to the establishment of Shaanxi laboratories and national key laboratories related to this field. He also suggests strengthening existing pilot demonstrations in order to become a leader in this field.
The report also emphasized the need to expand domestic demand and promote economic circulation.
In 2023, Shaanxi introduced 15 specific measures to promote consumption. It also held 425 consumer promotion activities, which led to a doubling of sales in the new energy vehicle sector.
Yang Miao, a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and director of the Shaanxi Provincial Department of Commerce, stated that promoting consumption is an important measure to promote economic development and improve people's livelihoods.
Yang went on to say that to adapt to the new trends in consumption development, the province should guide and support digital, green and health consumption, as well as livestream e-commerce.