What does it mean to transform old and new dynamics?

New and old kinetic energy conversion is the new business instead of the old business.

New and old kinetic energy conversion that is through the new model instead of the old model, new business instead of the old business, new technology instead of the old technology, new materials and new energy instead of the old materials and old energy, to achieve industrial upgrading, to realize the quantitative growth type to the quality of the growth type, the epitaxial growth type to the connotation of the growth type, the labor-intensive to the knowledge-intensive transformation of the mode of economic growth.

The essence of the conversion of old and new kinetic energy is the conversion of growth to development, and the core is the conversion of the core power mechanism of industrial upgrading - the conversion of the price mechanism to the value mechanism, the conversion of the reduction of transaction costs to the increase in value added, and the conversion of the marginal efficiency to the marginal efficiency increase.

New kinetic energy notes:

At present, artificial intelligence, big data and other key areas of engineering and construction are being promoted in an orderly manner, the 5G commercial formally opened to help the rapid development of new industry; 3D printing equipment, smart watches, service robots, new energy vehicles and other products output growth is faster.

The new kinetic energy with new industries, new business forms and new modes as the main content is gathering rapidly, the economic vitality has been effectively released, the new kinetic energy continues to develop and grow, and has become an important force to support China's economy to move towards high-quality development.