Kyle Chan(@kyleichan):Why did China just issue a new directive on "new quality productive forces"? From the NDRC explainer: "They are intended to correct problems that have emerged in practice, including blindly planning and investing without regard for actual conditions, rushing headlong into emerging and future industries, neglecting the transformation and upgrading of traditional industries, and emphasizing development at the expense of reform. These four principles must be consistently upheld in practice to ensure that the development of new quality productive forces does not veer off course, advance recklessly, or become driven by speculative bubbles."

2026.10.09 17:48

Why did China just issue a new directive on "new quality productive forces"? From the NDRC explainer: "They are intended to correct problems that have emerged in practice, including blindly planning and investing without regard for actual conditions, rushing headlong into emerging and future industries, neglecting the transformation and upgrading of traditional industries, and emphasizing development at the expense of reform. These four principles must be consistently upheld in practice to ensure that the development of new quality productive forces does not veer off course, advance recklessly, or become driven by speculative bubbles."