Liu Zhibiao and Liu Yazhen: Build a Super-sized Market, Implement High-level Opening-up, and Develop New Quality Productivity

Release time:2025-09-08Author: Liu Zhibiao and Liu Yazhen

Abstract: The huge population, opening-up and innovation are the three distinctive characteristics of Chinese path to modernization. Exploring the close connection and interaction among these three features from the perspective of Chinese path to modernization will help to better understand the laws of Chinese path to modernization and strengthen the synergy and pertinence between strategic objectives and policy means. Research has found that China's high-level opening-up strategy needs to focus on the strong demand of the super-large domestic market and implement a high-level, deep-seated, and wide-ranging economic globalization strategy. The super-large domestic market can provide important soil and practical foundation for the development of new quality productivity from both innovation and industry perspectives. The formation and operation of the super-large domestic market is the most important driving force for promoting the healthy development of new quality productivity. In the future, Chinese path to modernization needs to form strategic interaction and policy coordination among the construction of a super-large domestic market, the implementation of a high-level opening-up strategy, and the development of new quality productivity. That is, relying on the super-large domestic market and taking the high-level opening-up as an opportunity, we should accelerate the formation of production relations which are suitable for new quality productivity, so as to promote institutional opening-up, boost the concentration of various high-level production factors and high-quality production resources to develop new quality productivity, and create a good internal and external environment for accelerating the development of new quality productivity.