New Industrialization: Characteristics, System Development and Implementation Pathway

New industrialization in China, different from its past economic development pattern or patterns in developed nations, is the country’s theoretical innovation based on the positive and negative experiences of industrialization at home and worldwide. New industrialization has various novel characteristics, including new sources of efficiency, new factors of production, new organizational forms, and new constraints. In addition, it has certain particularities arising from modernization with Chinese characteristics. This article summarizes the characteristics of new industrialization from the perspectives of people-centered approach, quality-first concept, independent innovation, green low-carbon economics, digital-real integration, and open circulation. There are four systems for promoting new industrialization: A self-sustained scientific and technological system, a high-end advanced manufacturing system, a green low-carbon circular system, and a division of labor system with domestic and international circulation. The Chinese new industrialization proposes the pathway and policy measures considering the new global situation and the requirements of new goals of strengthening organization and leadership, reducing factor cost, accelerating independent technological innovation, smoothing domestic and international circulation, and optimizing competition environment.

Spatio-temporal evolution of the coordinated development of high-tech industry agglomeration and resource-environmental carrying capacity in the Yellow River Basin

Under the background of new infrastructure,the Yellow River Basin’s superior growth cannot be separated originating with the synergistic effect of scientific and technological inventiveness and ecological civilization construction.In light of the coupling coordination analysis of the coordination effect of provincial high-tech industry agglomeration and resource carrying capacity in the Yellow River Basin from 2009 to 2021,The evolution of the geographical and temporal pattern of development was investigated using the Moran index and kernel density estimation.The results show that the agglomeration of high-tech industries in the Yellow River Basin presents a development trend of seek improvement in stability,and there is a good coupling and coordination throughout the progression of scientific and technological innovation and the loading capacity of the resource,from the viewpoint of a time series.From the perspective of spatial pattern distribution,the whole basin aims at the lower reaches,accelerates the optimization of digital industry and promotes Yellow River Basin development of superior quality through innovation support and increase of input,and based on policy guidance.

Rationale and Pathway for New Industrialization in the Context of Chinese Modernization

The concepts of modernization and industrialization have different connotations that are specific to their historical backgrounds,and their theoretical innovation and development may benefit from China’s experiences.Industrialization is the cornerstone of modernization,and holds the key to its success.China’s experiences in blazing a new trail of industrialization are challenging the traditional Western theory of industrialization and deepening the connotations of Chinese modernization.New industrialization is a key entry point for steering China’s modernization drive and theoretical innovations.This paper offers an overview of the theory of Chinese modernization and its evolving trend along China’s socialist industrialization path,as well as the rationale and pathway for new industrialization in the context of Chinese modernization.As our findings suggest,the new industrialization concept has taken hold in every key aspect of Chinese modernization.When combined with the theory of Chinese modernization,the theoretical implications of new industrialization play a crucial role in propelling Chinese modernization forward along a new journey in the new era.

Measurement and Strategy Research on the Green Development Level for the New Energy Vehicle Industry in Chongqing City

This article takes 2016-2022 as the inspection period to construct an evaluation index system for the green development level of the new energy vehicle industry.The entropy method and comprehensive index are used to measure the green development level of the new energy vehicle industry in Chongqing,and compared with neighboring provinces such as Yunnan,Guizhou,and Sichuan.Policy recommendations are proposed to promote the development of the new energy vehicle industry in Chongqing City.

Research on Key Points of Design of Standard Plants in Modern Industrial Parks Under the Background of Promoting the Development of New Quality Productive Forces

With the progress of science and technology and the acceleration of industrialization,the modern industrial park is an important carrier of industrial development.The importance of its standard plant design has become increasingly prominent.With the development of new quality productive forces as the background,this research deeply discusses the key points of standard plant design in modern industrial parks.This paper uses literature review and case analysis to systematically analyze the important role of standard plant design in developing new quality productive forces in modern industrial parks and puts forward suggestions for optimizing design.It is found that the rationality,intelligence,and environmental protection of plant design are the key factors affecting the development of new quality productive forces.The paper summarizes the core points of modern industrial park standard plant design to provide a reference for the future development of related industries.

An Exploratory Practice of Integration of Industry and Education in High-level Programming Language Course in the Background of New Engineering

This paper analyzes some problems of the current teaching situation in the course High-level Programming Language,such as the lagging content of the course compared with technology development,the emphasis on theory rather than on practice,the low enthusiasm of students for learning,and the weak practical ability of students.In response to the needs of enterprises for talents under the background of New Engineering,especially the cultivation of students’adaptability and practical abilities towards future industries to improve students’knowledge and problemsolving abilities to keep up with the modern technology,this paper proposes the ways and methods to reform and explore the teaching content and teaching methods by integrating industry and education,assisting teaching according to industrial demands,and lowering technology barriers of new technology.The practical effect is evaluated through a survey in class and the follow-up questionnaire after class,and the results show that the effect of the practice is effective.

New Industrialization Path： The Strategic Choice of Chinese Iron and Steel Industry

The fact-developing iron and steel industry provides the base for China economy to grow continually, stably and healthily for many years. This paper analyzes the situation and the disparity, which the iron and steel industry faces, and attests that the new industrialization path is the strategic choice for the Chinese iron and steel industry to develop continuously, and carries on the thorough discussion to the connotation of this choice.

Research on the Mechanism and Strategy of Equity Investment Driving the Transformation of New Material Innovation Achievements

Under the wave of global technological revolution,the new materials industry is facing difficulties in innovation and transformation.Equity investment has become a key driving force due to its flexible mechanism,risk sharing,and deep participation.Based on introducing the current development status of China’s new materials industry,this article reveals the mechanism of equity investment in financial support,risk management,incentive constraints,and resource integration.The article proposes optimization strategies,such as building an information-sharing mechanism and a diversified investment fund system,to promote the high-quality development of the new materials industry driven by innovation and provide strategic guidance for policymakers,investors,and enterprises.

A LOCATIONAL COMPARATIVE STUDY ON HIGH-TECH INDUSTRIAL ZONES IN CHINA

There are three ports in this poper.Part I is involved in discussion of threeessential soft factors acting at development of high-tech industry-location,nctworkand comptehensive factors.It strobes the role of brains and practical capeity inhigh-tech development,clarifying the same importance of qualified personnel networkas information network,elucidating both intemal and external impetus Part II dealswith locatkinal comparison among high-tech industrial zones in Ch;. for which anAnalysis of Hierarchy Process (AHP) method is used. Upe esults, Chinesehigh-tech industrial zones are divided into four grades. The las. p proposes four aspects as implementation measures for high-tech industrial zone in China.

China’s Industrial Upgrading and Value Chain Restructuring Under the New Development Pattern

Global industrial chains(GICs)have become a hallmark of the world economy underpinning the global production cycle.Since the reform and opening up was introduced in 1978,China has taken an active role in global value chains(GVCs)and become the world’s factory floor.Under the external shocks to GICs,such as US trade frictions with China and the COVID-19 pandemic,China’s traditional comparative advantages in manufacturing which include its labor force and costs are waning.This has manifested in a wave of industrial relocations from China to other countries as well as China’s weakening international competitiveness.We took stock of the concepts and journey of GVCs and elaborated the intrinsic relationship between GVCs and the new development pattern of“dual circulations”.We also analyzed the trends of GVCs,the current status and problems of China’s industrial chains,and China’s market heft,complete industrial chains and the digital economy as new strengths for industrial chain upgrade.In our conclusion,this paper put forth some policy recommendations for China’s industrial chain upgrade in the context of dual circulations.

China’s Manufacturing amid New Industrialization in the 14th Five-Year Plan Period

Driven by a new round of technological and industrial revolution,China’s manufacturing industry is heading towards green,intelligent,service-based and customized development.In light of the new technological revolution and evolving industrial development model,we need to revise and breathe new life into the traditional industrialization theory.When assessing a country’s industrial development,we should use the level of industrial technology,instead of the proportion of primary,secondary and tertiary industries,as the key criterion.In addition,the level of modern industrial development should be determined according to the degree of digital,network-based,and smart features.The new industrialization theory should employ knowledge-intensive complex labor to replace simple labor as the labor factor input in the production function,and include data as a new factor of production in the analytical framework.We should also define natural resources and the environment and greenhouse gas emissions as hard constraints of the production function.In the comparison of smart,service-based and green development levels of China’s,the US’and Japan’s manufacturing sectors,our results suggest that China lags far behind developed countries in terms of the level of industrial development.During the 14th Five-Year Plan period,China’s manufacturing industry should shift from quantitative expansion to digital and smart innovations and applications,modernize the industrial system,promote industrial integration,and broaden its horizon from domestic regional planning to the global value chain.

New Development Trend of Edible Fungus Industry in China

We elaborate support system of edible fungus industry from outlook on ecological economic development, legislation and standardization of variety approval, multiple-function innovation platform of industrial development research, and perfect talent cultivation and education system. Besides, we analyze the development trend of edible fungus industry from competitive advantages, position and role in national food security, industrial development trend driven by internal demand, diversified industrial development model, division of labor within the industry, and expansion of industrial chain. Then, from the point of zoning and planning of edible fungus industry, we put forward suggestions that it should start from modern industrial system and take the industrial cluster development and optimization as guidance. In addition, we present technical innovation direction of industrial development. It is proposed to strengthen propaganda, build industrial cultural atmosphere, and expand social cognition degree of edible fungus industry to promote its redevelopment. Finally, it is expected to promote international influence of edible fungus industry through experts appealing for policy support.

NEW RURAL SPACES: THE IMPACT OF RURAL INDUSTRIALIZATION ON RURAL-URBAN TRANSITION IN CHINA

Since the 1980s, rural-urban transition has been becoming one of the most important aspects in China’s fast transformation from traditional to modern modes. From the perspective of change of rural space, this paper examines the impact of rural industrialization on the rural-urban transition. After an introduction to the issue of rural-urban transition in rural-urban continuum, a historical overview of the transformations of China’s rural space in economic, social and geographical structure is presented. This is followed by an analysis of regiotal uneven development among provinces in rural industrialization and rural-urban transition. It is concluded that the fast industrialization of rural area has brought on many radical transformations of rural space in China, especially on the formation of new rural economic, social and geographical spaces and the uneven development of rural-urban trgnsition among the eastern, central and westem areas.

Constructing ecological system of digital culture industries in the new era

Developing digital culture industries is one of the important social planning strategies in China in the new era.China’s digital culture industries has continued to grow in recent years,but there are still a series of problems such as imperfect industrial ecological chain structure,lack of development and innovation content,and small scale of ecological platform.At this stage,in order to build a sustainable ecological system for the development of digital culture industries in the new era,we should focus on the development of key areas related to digital culture industries,guide the development of industrial agglomeration,cultivate large-scale leading enterprises,strengthen the support of industry chain,build an innovative ecological model,and increase policy support.Only in this way can the digital culture industries be pushed into a benign ecological system as soon as possible and cultivated into a new momentum for the development of China’s culture industries in the new era.

Development of the Sports Industry:New Opportunities and Challenges

In October 2014,the State Council of the People’s Republic of China promulgated Opinions on Accelerating the Development of Sports Industry and Promoting Sports Consumption,significant changes have taken place in China’s economy and society which have moved into a new stage of high-quality development.The Chinese government has raised requirements for development with higher quality,satisfying the people’s new consumption concepts and the aspirations of people to live a better life and promoting the integration of digital technology,smart technology and conventional industries.Such requirements have also created a new environment and new conditions for the development of the sports industry.This paper summarizes“eight new changes”in the development environment that China’s sports industry has undergone over the last five years,including development concepts,development levels,urbanization,the aging population,technology applications,strategic investors,media broadcasters and educational concepts.This paper also analyses“four new challenges”including the emergence of new sports events,the emergence of multicomponent entertainment programs,the decline of professionalism and concentration,and the constraint of total consumption time.This paper also proposes“three new ideas”to deal with such changes and challenges through continuous innovation,acceptance of new sports forms,and a better role played by the government.Making all such aspects right,the Chinese sports industry will be able to realize sustainable and rapid development allowing China to become a leader in the sports industry in the near future.

The role of new ICTs in the sustainable development of industrial cluster:a case study of Yangxunqiao textile cluster

The wide application of new information and communication technologies(ICTs)has been argued to be critical in local economic development,while the application of new ICTs will affect the development of industrial cluster,especially those small and medium-sized enterprises(SMEs).This paper examines Yangxunqiao textile cluster located in Zhejiang Province as a case study to focus on the role of ICTs in the sustainable development.We argue ICTs application in firms boost flexible and customized production approach,improve e-commerce market channel and raise supply chain management.We also pay special attention to the spatial implication of ICTs adoption in industrial cluster,and suggest that application of ICTs tend to lead to further clustering of SMEs in the location with mature production chain.Our analysis shows that new ICTs are a facilitator in the sustainable development of the industrial cluster.

Re-measuring Status of China＇s High-Tech Industries in International Division of Labor： Applying a Non-Competitive Input-Output Model

Based on a refined ＂non-competitive input-output model,＂ this paper proposes a new framework for analyzing the status of a country＇s high-tech industries in the international division of labor, i.e. calculates the index of＂ weighted value-added productivity ＂ by compiling non-competitive input-output tables which distinguish high-tech industries from traditional industries. The new method effectively avoids ＂statistical illusion＂ which stems from a biased focus on gross exports under intra-product specialization. The empirical study shows that since 1995, the status of China＇s high-tech industries has grown quickly as a result of enhanced labor productivity, but still lags behind those of major developed countries. In addition, the study also suggests that the status of China＇s high-tech industries has been over-estimated using the traditional gross export statistical method.

Spatial Pattern Evolution and Industrial Characteristics of Economic and Technological Development Zones and High-tech Industrial Zones in China

Economic and technological development zone and high-tech industrial zone are important types of development zone in China,and there are differences in their connotation and goal setting.In this paper,basic data of national and provincial economic and technological development zones and high-tech industrial zones in China were collected and arranged.Kernel density analysis and other GIS spatial analysis techniques were used to analyze the evolution laws of spatial patterns of economic and technological development zones and high-tech industrial zones in cities from 2006 to 2018.First,the agglomeration intensity was compared by measuring the degree of regional agglomeration and dispersion on the two time nodes.Next,kernel density method was used to explore the evolution of the two in the spatial layout and location,and analyze development commonness and difference of economic and technological development zones and high-tech industrial zones.Finally,the trend and reason of spatial evolution of development zones with different leading industries were explored.Research results show that:①the agglomeration degree of layout of high-tech industrial zones is stronger than that of economic and technological development zones,and there are similarities and differences in distribution trend of spatial patterns of the two types of development zones;②the distribution of labor-intensive,capital-intensive and technology-intensive development zones is concentrated at smaller scales and dispersed at larger ones;③although there are differences between the economic and technological development zones and the high-tech industrial zones in the goal,support,structure and function,management system and so on,their spatial development presents a trend of convergence.In the future,when enhancing urban-rural planning and public administration,governments should combine the trend of industrial transformation and upgrading,and optimize spatial layout of development zones by adjusting industrial structure,layout,transportation and land use.

The Impact of New Standard of Financial Instruments on Commercial Banks- A Case Study of Industrial and Commercial Bank of China

In July 2014,《International Financial Reporting Standard 9:Financial Instruments》(Referred to IFRS 9)was formally published. Compared to the former standard,《International Accounting Standard 39: Financial Instruments》(Referred to IAS 39), rules of two main aspects, the classification and measurement of financial assets and the impairment model of financial assets have been changed in IFRS 9. Taking ICBC as an example, this paper studies the impact of changes in financial instruments on commercial banks. The study shows three impacts on commercial banks’ financial report. Firstly, the changes of the classification and measurement of financial assets will have limited impacts on commercial banks. Secondly, the expected-loss model will significantly increase the loan loss reserves under the new standard, thus reducing the net asset and net profit. Thirdly, the change in the measurement way of the equity instruments of available-for-sale securities will increase the fluctuation of the net profit. This study shows investors and regulators the impact of the new standard of financial instruments on commercial banks.

700 GW: A New Start of Electric Power Industry

On December 4, 2007, unit 1of Taizhou Power Plant was put into operation, which became the symbolic unit of the installed capacity reaching 700 GW in China. On July 31, 2008, sponsored by the National Energy Administration and assisted by the China Electricity Council and the China Guodian Corporation, the "Conferring Ceremony for the 700 GW Symbolic Generating Unit of China" was held in the Great Hall of the People, Beijing. Zhang Guobao, vice chairman of the National Development and Reform Commission and Administrator of the newly established National Energy Administration attended the ceremony and delivered an important speech. Here published is an abridgment from the speech.