Author：哈特中心 Date：2025-04-25
Senior Economist Xiong Shiwei Delivers a Wonderful Speech at the “Gezhi Economic Forum”
Posted by Hart Center | Date: 2025-04-25
On April 17, 2025, the 133rd session of the "Gezhi Economic Forum" was successfully held at the Business School of East China University of Science and Technology. Xiong Shiwei, Division Director and Senior Economist of the Shanghai Municipal Commission of Economy and Informatization Technology, delivered a keynote speech titled "Cultivating New-Quality Productivity in Shanghai and Accelerating High-Quality Industrial Development: Reflections and Strategies for the Pre-15th Five-Year Plan Period." The lecture was chaired by Professor Wu Yuming from the Oliver Hart Center for Contracts and Governance and the Department of Economics at the Business School. Over 40 participants attended the forum, including Associate Professor Tang Maogang from the Department of Economics, academic postgraduate students in applied economics, somr MBA students, and researchers from the Shanghai Academy of Social Sciences.
Xiong Shiwei elaborated on the core logic, future pathways, and breakthrough directions for cultivating new-quality productivity in the pre-15th Five-Year Plan period, providing insights for Shanghai to seize opportunities in the new round of scientific and industrial revolution by analyzing the era-specific background and trends. He emphasized that Shanghai must grasp the laws of development from both internal and external dimensions: globally, China is undergoing profound changes amid a once-in-a-century global transformation, with technological advancement as the core driver of revolution, and new-quality productivity represented by AI and digital technologies reshaping production and lifestyle, while data, as a key production factor, gains increasing value. Locally, Shanghai needs new concepts to navigate the "new changes" and new thinking to address the "new revolution," and to construct a development framework adapted to new-quality productivity based on a deep understanding of industrial logic.
Xiong noted that as both the compilation year of the 15th Five-Year Plan and the conclusion of the 14th Five-Year Plan, cultivating new-quality productivity and accelerating high-quality industrial development in Shanghai is critical to implementing the Central Economic Work Conference and maintaining stable high-quality growth. He proposed four key relationships to balance: ① "Long-term and Short-term": upgrading existing industries while laying groundwork for future sectors; ② "Radiation and Sustainability": enhancing global innovation leadership while consolidating local industrial foundations; ③ "Stock and Increment": optimizing traditional industries and fostering new growth drivers; ④ "Destruction and Reconstruction": dismantling institutional barriers while establishing new policy systems. Additionally, five new concepts should be adopted: focusing on quality and efficiency ("new values"), activating data value ("new factor perspective"), building non-linear innovation systems ("new logic"), fostering collaborative ecosystems ("new ecology"), and balancing development and security ("new security view").
Based on these, Xiong introduced the strategic framework of "Dual New Leadership, Three Transformations, Four Capabilities Enhancement, and Five Industries Focus":
During the Q&A session, attendees including Professor Wu Yuming, MBA student Zhou Wei, and Dr. Zhao Caijing from the Shanghai Academy of Social Sciences posed questions on topics such as "Pathways for High-Quality Development of Shanghai's Manufacturing Industry," "Cultivating Data Trading Markets and Supporting Small-Medium Data Traders," and "Methodology for Forecasting Core Indicators in the 15th Five-Year Plan." Xiong Shiwei provided in-depth responses by integrating policy practices and theoretical research, analyzing the innovation-driven logic of manufacturing upgrading, explaining the institutional design of data factor marketization, and sharing insights into model construction for planning indicator forecasting, fostering a rich academic exchange atmosphere and offering multi-dimensional perspectives for related research.
The forum anchored a clear development coordinate for Shanghai in the 15th Five-Year Plan: only by taking new-quality productivity as the engine and achieving path innovation and key breakthroughs can the city continue to write "Shanghai's legend" in high-quality industrial development amid global changes and technological revolutions.
About the Speaker:
Xiong Shiwei is Division Director and a First-Level Researcher (Senior Economist) at the Shanghai Municipal Commission of Economy and Informatization Technology. He has long engaged in government consulting research on urban planning, regional economy, industrial policies, and corporate strategy, winning multiple awards for outstanding achievements in Shanghai municipal government decision-making consultation. He has published over 50 academic papers in core economic and urban studies journals, authored Reinventing: Cities, Regions, and Networks in the Globalization Era, edited works such as Countertrend Progress: Perspectives on Industrial and Informatization Highlights and Digital New Revolution: Empowering Shanghai's High-Quality Development through Digital Economy, and contributed to over 10 publications including Industrial Policy: Summary, Reflection, and Prospect.
Written by: Zhao Jun, Wu Yuming
Reviewed by: Jiang Shicheng
