The Proposal for the 15th Five Year Plan clearly places building a modern industrial system as well as consolidating and strengthening the foundation of the real economy as the first strategic task, fully highlighting the importance of the real economy. The Chinese economy started with the real economy and also relies on the real economy to move towards the future.
China is a developing major country that must rely on our own development of the real economy, continuously promote industrial modernization, and improve the level of manufacturing, in order to maintain sustained, stable, and healthy economic and social development. With the development and changes of China's economy and society, the overall shortage contradiction in the supply and demand system has transformed into a structural contradiction, which requires the development of the real economy as a carrier of new quality productivity. It should rely more on technological innovation to lead industrial innovation, new demand to lead new supply, and new supply to create new demand.
Looking at the world, global technological innovation has entered a period of intensive activity, and the industrialization process is accelerating. During the 15th Five Year Plan period, China must constantly consolidate and strengthen the foundation of the real economy, strive to maintain a reasonable proportion of manufacturing industry, and build a solid material and technological foundation for Chinese path to modernization.
