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Why should China accelerate the transformation of economic development mode?
The actual welfare growth process of a country or region according to the average population is not only the increase and expansion of wealth and economy, but also the qualitative change, that is, the innovation of economic structure and social structure, the improvement of social life quality and input-output efficiency. In short, economic development is a process of innovation or change in the economic structure and social structure of a country or region on the basis of economic growth.

Economic development means not only the expansion of the national economy, but also the improvement of the quality of economic and social life. Therefore, economic development is not only simple economic growth, but also more extensive than economic growth.

As far as the contemporary economy is concerned, the meaning of development is quite rich and complex. Development is always used interchangeably with development, industrialization, modernization and growth. Generally speaking, economic development includes three meanings:

1. Economic growth, that is, the increase of products and services in a country or region, constitutes the material basis of economic development;

2. Improvement and optimization of economic structure, that is, changes in economic structure such as technological structure, industrial structure, income distribution structure, consumption structure and population structure of a country or region;

3. The improvement of economic quality means the improvement of economic benefits, economic stability, health status, natural environment and ecological balance of a country and region, and the process of political, cultural and human modernization.

"Headquarters economy" refers to an economic form that a certain region attracts enterprises to gather their headquarters in this region because of its unique resource advantages, and places their manufacturing bases in other regions with comparative advantages, so as to realize the optimal spatial coupling of enterprise value chain and regional resources, and then have an important impact on the economic development of this region.

According to the mode of headquarters economy, enterprises make spatial layout, with headquarters in developed central cities and production and processing bases in underdeveloped areas, so that enterprises can obtain strategic resources in central cities and conventional resources in underdeveloped areas at a lower cost, and realize centralized allocation of superior resources in two different areas within the same enterprise, which can not only reduce the comprehensive cost of enterprise resource allocation, but also fully release intensive talents. The information and technology resources in the central cities where the headquarters are located, and at the same time make the processing bases in underdeveloped areas less efficient.

The sustainable development of environment and economy means that economic development cannot be at the expense of damaging the environment. Sustainable development requires that the development of one country or region should not affect the development of other countries or regions. Sustainability means maintaining the natural resource base of human well-being and making the ecological environment develop in harmony with economy and society.