High-quality development is the essential evolution of the national economic system from quantitative to qualitative, and is the result of the joint action and comprehensive promotion of many factors in the system. The key issue now is that we must comprehensively deepen reforms, through top-level design as well as integration of top and bottom to form a series of basic elements that support high-quality development. The eight elements supporting high-quality development are as follows: firstly, an unbalanced strategy gradually turns to a balanced strategy; secondly, one-sided industrialization turns to coordinated development of four modernizations; thirdly, market-based allocation of the factors of production becomes the focus of further market orientation; fourthly, share distribution on the basis of efficiency; fifthly, identify the balance point between industrial priority and regional priority; sixthly, internalize ecological environment into economic development wealth; seventhly, build a high-level open economy based on domestic demand; eighthly, foster high-quality institutional supply capabilities.
