ABSTRACT
Innovation-driven development is the core element of China’s new development concepts and is at the top of the five development concepts of “innovation, coordination, green development, opening up, and sharing”. Innovation-driven development is a complex social systematic project involving all areas of economy and society. The fundamental purpose of innovation-driven development is to stimulate the vitality of the people, which is an important condition for accelerating innovation-led and innovation-driven development in China. The fundamental purpose of innovation-driven development is to stimulate the vitality of the people, which is an important condition for accelerating innovation-led and innovation-driven development in China. Innovation-driven development is the fundamental driving force of the Belt and Road Initiative. In the initial stage, the driving force of development of the Belt and Road Initiative mainly stems from the free flow of natural resources, labour, capital, and other production factors.
