Synchronous Development Strategy of China’s New Four Modernizations: Theoretical Connotation and Current Development Status

Authors

  • Yang Li
  • S. M. Ferdous Azam
  • Xianghui Li

DOI:

https://doi.org/10.54097/be0rk020

Keywords:

China's NFM synchronous development strategy, Social contradictions, Conceptual connotations, Theoretical foundation, Current development status

Abstract

The Chinese government has proposed a synchronous development strategy for new urbanization, industrialization, informatization, and agricultural modernization (called “New Four Modernization,” NFM), which provides a crucial choice for solving China's current social contradictions, such as the irrational industrial structure, large urban-rural gap and environmental pollution. Firstly, this study focuses on elucidating the conceptual connotations of China's NFM. Secondly, this study systematically analyzes the theoretical foundation of China's NFM synchronous development strategy for the first time, providing a theoretical evidence for China's NFM synchronous development strategy. Lastly, this study analyzed the current development status of China's NFM, finding that China's new urbanization, industrialization, informatization, and agricultural modernization are developing steadily and synchronously. Therefore, this study contributes to a correct understanding of the theoretical connotation and current development status of China's NFM synchronous development strategy.

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Published

27-05-2024

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Section

Articles

How to Cite

Li , Y., Azam, S. M. F., & Li, X. (2024). Synchronous Development Strategy of China’s New Four Modernizations: Theoretical Connotation and Current Development Status. Frontiers in Business, Economics and Management, 15(2), 454-459. https://doi.org/10.54097/be0rk020

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