Abstract
Under the background of further world economic integration and speeding up of international industrial transfer, development of knowledge-based economy is a significant approach to establishing a harmonious society and realizing socialism modernization with Chinese characteristics and is a necessity for maintaining scientific outlook on development. Development of knowledge-based economy is a requirement for upgrading industrial structure and strengthening international competition. Development of knowledge-based economy can satisfy fundamental interests of the overwhelming majority of the people, correctly handle relations between all regions and industries, and promote sustainable and integrated development of national economy.
Highlights
Under the background of further world economic integration and speeding up of international industrial transfer, development of knowledge-based economy is a significant approach to establishing a harmonious society and realizing socialism modernization with Chinese characteristics and is a necessity for maintaining scientific outlook on development
Development of knowledge-based economy is a requirement for upgrading industrial structure and strengthening international competition
Particularity of knowledge factors lies in the fact that it is no longer affected by traditional factor marginal income decreasing principle in economics
Summary
Under the background of further world economic integration and speeding up of international industrial transfer, development of knowledge-based economy is a significant approach to establishing a harmonious society and realizing socialism modernization with Chinese characteristics and is a necessity for maintaining scientific outlook on development. Development of knowledge-based economy can satisfy fundamental interests of the overwhelming majority of the people, correctly handle relations between all regions and industries, and promote sustainable and integrated development of national economy.
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