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New Production Relations Driven by New Quality Productive Forces: Trends, Challenges and Countermeasures

Author

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  • Liu Zhibiao

    (Dean and Professor of the Yangtze River Institute of Industrial Economics, Nanjing University, Nanjing 210093 China)

Abstract

Under the wave of the fourth industrial revolution, the development of new quality productive forces represented by intelligent technology will shape the form, structure and nature of new production relations, such as the reduction of the coordination status of human-human relations and the increasing importance of the coordination of human-machine relations. There will be a fundamental revolution in ownership relations, the form of enterprise organization, the way in which they are distributed and the structure of management. The assumptions, logic, and paradigms of economics that are compatible with the first three industrial revolutions will encounter great challenges. To this end, it is necessary to comprehensively deepen the reform of the actual economic system and promptly adjust the capital system, industrial policy, employment and distribution policy, market policy, education policy, science and technology policy, and talent policy that are not suitable for the development of new quality productive forces.

Suggested Citation

  • Liu Zhibiao, 2024. "New Production Relations Driven by New Quality Productive Forces: Trends, Challenges and Countermeasures," China Finance and Economic Review, De Gruyter, vol. 13(4), pages 45-58.
    • Handle: RePEc:bpj:cferev:v:13:y:2024:i:4:p:45-58:n:1003
    DOI: 10.1515/cfer-2024-0021
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