| Annotation |
The subject of the present study is the economic relations emerging in the process of shaping and developing the innovative potential of economic systems using the example of foreign experience. The main theme of this scientific article is the theoretical foundations for the construction and formation of a modern effective economic system in China. The aim of the study is to develop a theoretical and methodological toolkit of the features of the formation of the innovative potential of economic systems and its priority areas of development.
The present study used methods of comparative analysis, monographic, classification method, econometric methods (multi-factor rating method, maximum method).
The theoretical and practical significance of the study characterizes the following results. The article reveals the content of the theoretical approach to building an effective economic system in the People’s Republic of China at the present stage of development of this country. The practical significance of building an innovative economic system is summarized in three aspects: firstly, the construction of a modern economic system is a necessary condition for resolving the main social contradictions in the new era; secondly, the construction of a modern economic system is the strategic goal of building a socialist modern power; thirdly, the construction of a modern economic system is a prerequisite for resolving the main social contradictions in a new era. It has been proved that the construction of a modern economic system contributes to ensuring that the country corresponds to the trends of modernization and development, fought for the initiative in international competition.
The theoretical, methodological and practical recommendations obtained in the study can be used when the legislative and executive authorities develop concepts and strategies for innovative development, as well as when creating, monitoring and improving the mechanism for managing innovative processes of economic systems |
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