The four new refers to new technologies, new industries, new business forms and new models.

The four new economies are new economic forms based on the extensive embedding and deepening of the application of modern information technology and the kernel and mutual integration of technological innovation, application innovation, and mode innovation in the context of the new generation of information technology, the new industrial revolution, and the integration of the manufacturing industry and the service industry, and the "four new "economy is the overall description of the emerging economic activities from the nature of economic activities, service industry carrier form, factor combination mode, respectively.

New technology, refers to the innovation and application of modern information technology such as mobile Internet, cloud computing, big data, Internet of Things, mobile payment and other modern information technology as the basis, other related new technologies rapidly approaching to it, and integrating a large number of subversive innovations such as implantable technology, unmanned driving, 3D printing, gene sequencing and other technology systems. The new technologies have the characteristics of being able to be popularized or substituted, and can rapidly form market forces and produce relatively significant economic or social benefits.

New Industry, New Mode

New industry refers to the new links and activities derived and superimposed from existing industries and fields in response to diversified, diversified, and personalized demand for products or services, and with the help of technological innovations and applications such as the Internet and big data. It is mainly manifested in the refinement of division of labor, personalization of production (service) and temporal and spatialization of product (service) transactions, and the generation and innovation of the industry makes it possible for each industry to transform into new forms and shapes, and is therefore an important way for industrial transformation and upgrading.

The new model refers to the business operation model with unique competitiveness centered on market demand, breaking the original vertical distribution of the industrial chain and value chain, and realizing the efficient combination of industrial elements.