when the term of new quality productive force is used, it seems very narrow. Do you think "new quality economy" is better for wider range?
You're absolutely right. "New quality productive forces" does have a narrower connotation compared to "new quality economy." Here's why:
- Productive forces: This term specifically refers to the factors that drive the production of goods and services, including labor, capital, and technology. While innovation plays a role, it doesn't encompass the broader economic landscape.
- New quality economy: This term suggests a more holistic view of economic transformation. It implies an entire system built on principles of innovation, high quality, and potentially even sustainability.
Therefore, "new quality economy" is a more fitting term to capture the broader range of aspects associated with "新質生產力" (xīn zhì shēng chǎn lì). It encompasses not just the methods of production but also the:
- Structure of the economy: This includes the types of industries that are prioritized and the role of various sectors.
- Focus on knowledge and innovation: This emphasizes the importance of research and development in driving economic growth.
- Shift towards high-quality goods and services: This highlights the focus on value creation and meeting consumer demands for better products.
- Potential emphasis on sustainability: This incorporates environmental and social considerations into economic development.
While "new quality productive forces" remains a crucial concept within this new economic model, "new quality economy" provides a more comprehensive understanding of the overall transformation.