Urban Investment Attraction Performance and Technological Innovation-driven New Economic Development Strategy

Abstract

Attracting investment plays an important role in promoting the economic development of Chinese cities. As a major strategic focus of the country, such as “one belt and one road”, the Yangtze River economic belt and the rise of central China, Wuhan seizes the opportunity to actively develop a new economy driven by technological innovation by attracting investment. Through the construction of the index system for the performance evaluation of urban investment promotion, this paper makes an empirical analysis of the performance of investment promotion in Wuhan by using the entropy method, and finds that in the process of developing a new economy driven by technological innovation, Wuhan has a better performance in resource conservation and environmental protection, but there are some problems, such as insufficient technological innovation ability, poor effect of industrial upgrading, insufficient social responsibility and unstable performance of investment promotion. Only by adopting innovative strategies in introducing and cultivating technological innovation ability, guiding industrial upgrading, earnestly fulfilling social responsibility and maintaining the steady growth of investment promotion performance can we improve the performance of investment promotion in Wuhan and realize the sustainable development of a new economy driven by technological innovation.