Since the beginning of 2 1 century, the traditional driving force of China's development has been weakening, and the driving force of factors and scale has gradually weakened, relying on the past.

Since the beginning of 2 1 century, the driving force of China's traditional development has been weakening, and the driving force of factors and scale has gradually weakened. We can no longer rely on the past, and sufficient factor supply is an important prerequisite for maintaining the factor-driven development model.

China's economic development has entered a new normal. An important trend change is that the scale driving force of factors is weakened, and economic growth will rely more on the improvement of human capital quality and technological progress.

At present, the traditional driving force of economic growth is weakening, so we must intensify structural reform, accelerate the implementation of innovation-driven development strategy, transform traditional engines and create new engines. This requires us to deeply understand the great significance of the transformation of China's economic development momentum, effectively respond to the challenges faced by the transformation of development momentum, and take various measures to highlight the innovation drive in order to actively adapt to and lead the new normal of economic development.

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Innovation drive is the inherent requirement for economic development to enter the new normal. China's economic development has entered a new normal. On the surface, it is the deceleration shift of economic growth, but in essence it is the transformation and reshaping of development power.

Economic development has entered a new normal, and it is urgent to switch the driving force of economic development from factor-driven to innovation-driven. The innovation-driven here is broad and comprehensive, and the core is to improve production efficiency, including improving labor productivity, capital output rate and total factor productivity.

To realize the transformation and remolding of the driving force of economic development, we need to change from pursuing high-speed growth to pursuing efficient growth, and take improving efficiency and effectiveness as the main theme of economic development. In this sense, the new normal is a process from high-speed growth stage to high-efficiency growth stage, and it is also a process of China's economic realization from big to strong.

Accelerate the formation of an institutional mechanism for innovation-driven development. To achieve innovation-driven development, the most fundamental thing is to break down institutional and institutional obstacles and establish an institutional environment conducive to the efficient allocation of innovation resources and the full release of innovation potential.

It is necessary to create a fair competitive market environment, correct the price distortion of production factors and resource products, and enhance the innovation and development momentum of enterprises. Pay more attention to the protection of intellectual property rights, thoroughly implement the strategic action plan of intellectual property rights, crack down on infringement according to law, and effectively protect inventions and creations.