Recently, the paper "The Logic and Pathway of Promoting the Development of New Quality Productive Forces through the Private Economy," co-authored by Professor Yu Miaojie, Fellow of the International Economic Association, Party Committee Deputy Secretary and President of Liaoning University, and Associate Professor Kong Xiao of the School of Economics at Liaoning University, was published in National Modernization Studies.

Abstract:

The private sector is a major achievement in the development of the socialist market economy and a key force driving its progress. New quality productive forces, characterized by leaps in laborers, means of production, objects of labor, and their optimized combinations, represent the direction of advanced productive forces and possess strong momentum for development. In advancing Chinese modernization, China's private sector, with technological innovation at its core, has fully stimulated industrial vitality and significantly enhanced economic resilience, establishing itself as a crucial vehicle for cultivating new quality productive forces. It is of great practical significance to conduct an in-depth analysis of the theoretical and historical logic behind leveraging the private sector to advance new quality productive forces, adhere to the "Two Unwaverings," implement precise policy measures, promote entrepreneurship, and explore pathways and key focal points for driving the development of new quality productive forces through the private economy.

Authors Profile:

Yu Miaojie is the Deputy Secretary of the Communist Party Committee and President of Liaoning University. He is a Fellow of the International Economic Association, a Chang Jiang Scholars Program Distinguished Professor, a recipient of the National Science Fund for Distinguished Young Scholars, and the Beijing Outstanding Young Scientist award. He also holds the title of Boya Distinguished Professor at Peking University. Currently, he serves as a deputy to the 14th National People's Congress and a special supervisor of the National Commission of Supervision. He is an Associate Editor of theEconomic Journal, a top international journal in economics. Professor Yu is a beneficiary of the Special Government Allowance from the State Council. As an economist, his work ranks among the top 1% most-cited in economics and management globally. He is also the only Chinese scholar to date to have been awarded the "Royal Economic Society Prize."

Kong Xiao is an associate professor at the School of Economics, Liaoning University. She serves as Executive Director of the China Economic Development Research Association, and holds council memberships in the National Society for the History of Marxist-Leninist Economic Thought, the China Capital Research Association, and the National Comprehensive Universities Capital Research Association. She has been selected for the Liaoning Provincial Philosophy and Social Sciences Young Top Talent Program. Her primary research focuses on political economy, regional economics, and industrial development. Professor Kong has received awards including the Xinghua Paper Award and the Outstanding Achievement Award at the Liaoning Provincial Social Sciences Academic Annual Conference.