Science and Technology Driven: Center on Solow Residual
In the long run, China’ s economy has entered the period of new normal, where the country’s future economic growth will mainly rely on the Solow Residual in production formula, known as science and technology innovation. As China takes on innovation as a way to renew growth, its tech companies will ultimately emerge as mainstream forces in the worldwide business community.
Entrepreneurship Oriented: Focus on Innovative Competition and Emulation
The vital engine of economic growth are entrepreneurs, who, through the vibrantly innovative competition and emulation, invent new forms of organizing production activities. Meanwhile, China’s evolving new economy will facilitate the realization of capital premium and market recognition of entrepreneurship.