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Human Capital and the Realization Path of High Quality Economic Development in China

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DOI: 10.23977/ferm.2021.040201 | Downloads: 7 | Views: 258

Author(s)

Yaling Li 1

Affiliation(s)

1 School of Business and Tourism Management, Yunnan University, Kunming, China

Corresponding Author

Yaling Li

ABSTRACT

China's economy is in a critical period of transformation from a stage of rapid growth to a stage of high-quality development. This paper summarizes the connotation and theoretical development of high-quality through literature review. This paper analyzes the factors that affect the high-quality economic development, and puts forward the concrete realization path of high-quality economic development: innovation as the driving force to cultivate the new power of high-quality economic development. Innovation can be divided into technological innovation, institutional innovation and talent innovation, among which technological innovation is the core, institutional innovation is the guarantee and talent innovation is the fundamental. Therefore, the realization of talent dividend through human capital investment is the inevitable path to achieve innovation-driven high-quality economic development.

KEYWORDS

Human Capital, High-quality Economic Development, Talent Innovation, Technological Innovation, System Innovation

CITE THIS PAPER

Yaling Li, Human Capital and the Realization Path of High Quality Economic Development in China. Financial Engineering and Risk Management (2021) 4: 1-7. DOI: http://dx.doi.org/10.23977/ferm.2021.040201

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