China’s Scientific and Technological Innovation Strategy under the New Pattern of Development

CHEN Jin , YANG Zhen , YIN Ximing

China Economic Transition ›› 2022, Vol. 5 ›› Issue (3) : 298 -319.

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China Economic Transition ›› 2022, Vol. 5 ›› Issue (3) : 298 -319. DOI: 10.3868/s060-014-022-0015-9
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Special Issue Article

China’s Scientific and Technological Innovation Strategy under the New Pattern of Development

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Abstract

Innovation is the driver and accelerator for high-quality economic development and the transformation and upgrading of enterprises. At present, the world is undergoing significant changes unseen over the last century. Faced with the new world economic pattern and the new international relations in the postpandemic era, China should systematically clarify the prominent problems with the current scientific and technological (S&T) system, and establish new technological innovation strategies in the new era and new economic landscape, which are of great significance. Especially in the context of the new pattern of development, it is greatly highlighted how to systematically lower over-dependence on core technologies and resolve bottleneck problems with core technology arising from excessive attention to the international economic flows. Based on the medium- and long-term strategic background of the current new pattern of development, this paper explores the prominent problems of the S&T innovation system under the background of the new pattern of development from the perspectives of innovation policy system, regional innovation system, and enterprise innovation mode. Meanwhile, the paper believes that the innovation guidance system under the new pattern of development needs to be realized based on the guidance of the new innovation strategy of “opening thinking based on bottom lines and comprehensive indigenous innovation,” and also the three leading paths of holistic innovation guided by the new pattern of the whole national institutional system, the future industry, and the world-class enterprises. Only in this way can China become a power in terms of S&T innovation in the world.

Keywords

new pattern of development, bottom-line thinking, industrial policy, future industry, independent innovation

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CHEN Jin, YANG Zhen, YIN Ximing. China’s Scientific and Technological Innovation Strategy under the New Pattern of Development. China Economic Transition, 2022, 5(3): 298-319 DOI:10.3868/s060-014-022-0015-9

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