Analysis of the Concept and Connotation of the New Economy and Reconstruction of Its Development Path: A Study Based on Chengdu’s Practices

In order to promote the transformation and development of China’s economy and cope with the realistic challenges posed by the global economic recession and slowing domestic economic growth, the Fourth Session of the 12th National People’s Congress adopted a strategic resolution on developing the “new economy” and fostering new drivers of growth. Chengdu, capital of Sichuan province, is one of the cities in China which firstly begin to carry out the layout of the new economy development. While achieving results, it also faces many troubles due to its insufficient cognition of the connotation, definition, and path of the “new economy.” The paper is based on a theoretical study in combination with the new economic development of Chengdu’s five new paths, to analyze the concept and connotation of the “new economy.” It also analyzes from the perspective of higher dimensional reconstruction and new strategic path of economic development, in order to add some insights to the theorectical study and to promote better strategic value of the new economy.