Abstract
Guided by the "New Five Development Concepts", this paper constructs an indicator system for high-quality economic development from the perspective of the effectiveness, coordination, innovation, sharing and sustainability of economic development, and analyzes the economic development of China's provinces from a provincial perspective. The entropy method is used to measure the comprehensive level of high-quality economic development in 30 provinces across the country from 2013 to 2019, and from the perspective of technological innovation, the technology market turnover is used to measure the basis of technological innovation, and a fixed effect model is established to reveal its relationship with economic high quality. The results show that: on the one hand, the overall level of high-quality development of China's economy is growing steadily, but there are obvious gaps between regions, and attention should be paid to shortening the gap between the rich and the poor to achieve more coordinated and comprehensive high-quality development; on the other hand, technological innovation can significantly promote the high-quality development of China's economy. We must continue to strengthen the core leading role of technological innovation, and promote technological innovation to serve the real economy. The government should formulate reasonable policies, implement environmental regulations to encourage enterprises to carry out technological innovation, and give full play to the driving effect of technological innovation on the high quality of the economy.
Highlights
The 19th National Congress of the Communist Party of China proposed for the first time that China's economy should shift from a stage of high-speed growth to a stage of highquality development; the Sixth Plenary Session of the 19th CPC Central Committee proposed that, based on the new development stage, promote high-quality development, comprehensively deepen reform and opening up, promote common prosperity, and promote scientific and technological self-reliance, adhere to the guarantee and improvement of people's livelihood in the process of development, adhere to the harmonious coexistence of man and nature, coordinate development and security, and jointly promote the prosperity of the people, the prosperity of the country, and the beauty of China
Miao Liran (2020) conducted an empirical analysis by using the entropy weight method, and the results show that technological innovation has a positive effect on economic development, but the effect varies from place to place [11]
There has been a large gap in economic development across China, and the uncoordinated economic development has hindered the economy from advancing to a higher level
Summary
The 19th National Congress of the Communist Party of China proposed for the first time that China's economy should shift from a stage of high-speed growth to a stage of highquality development; the Sixth Plenary Session of the 19th CPC Central Committee proposed that, based on the new development stage, promote high-quality development, comprehensively deepen reform and opening up, promote common prosperity, and promote scientific and technological self-reliance, adhere to the guarantee and improvement of people's livelihood in the process of development, adhere to the harmonious coexistence of man and nature, coordinate development and security, and jointly promote the prosperity of the people, the prosperity of the country, and the beauty of China. Cao Xiaochen (2021) measured and analyzed the five major economic development ideas, and used the entropy weight method for empirical analysis to conclude that innovative development, green development, and coordinated development have a significant impact on high-quality economic development. There are abundant researches on the impact mechanism of technological innovation on high-quality economic development. Ran Zheng et al (2021) analysis that innovation capability is an important promotion mechanism for high-quality economic development, but there is an economic cycle effect. It deeply analyzes the impact of technological innovation on high-quality economy, and provides decision-making basis and theoretical support for high-quality development to promote high-quality economic development
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