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Affiliation(s)

Zhejiang University, Hangzhou, China; Xi’an Jiaotong-Liverpool University, Suzhou, China

ABSTRACT

“The development of new quality productive forces is the internal requirements and important focus to promote high-quality development, we must continue to do a good job in the innovation of this big article, to promote the development of new quality productive forces to accelerate”. On January 31, 2024, General Secretary Xi Jinping delivered an important speech when presiding over the 11th collective study session of the Political Bureau of the 20th CPC Central Committee, systematically explaining the profound connotation and main characteristics of the new quality productive forces. The General Secretary’s series of important statements and arrangements on the development of new quality productive forces provide fundamental guidelines and action guidelines for us to do a good job in innovation in the new era and new journey, further liberate and develop the productive forces, achieve high-quality development, and promote and expand the modernization of Chinese-style state-owned enterprises (L. Y. Wang, X. S. Wang, & Li, 2023). With the rapid development of new technologies and new industries, digital transformation provides new opportunities and challenges for China’s state-owned enterprises. This paper studies the new quality productivity perspective mechanism innovation of Chinese state-owned enterprises, through field investigation, semi-structured investigation, structured interview, and a state-owned enterprise empirical case study (Da Tong mobile company), explores new requirements of Chinese state-owned enterprises productivity development, stimulates organization core production factors innovation, builds machinery of champion corporation that embodies humanistic values, pursues aspirations, demonstrates distinguished performance, and fosters talent growth, provides the theoretical innovation of Chinese state-owned enterprise governance mechanism, at the same time, provides practical guidance for China’s transformation and upgrading of state-owned enterprises reform, and has the theoretical and practical significance (Xi, 2016).

KEYWORDS

new quality productivity, China’s state-owned enterprises, champion organization, mechanism innovation

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