Keyword: «innovative development»

Excellent Chinese traditional culture is the unique essence of the Chinese nation, a powerful support for the self-improvement and prosperity of the Chinese nation, and an important resource for the cultural development of modern China. Promoting the creative transformation and innovative development of China's traditional culture is the only way to realize its modern value. It is important to take stock of the past, present and look into the future, take Marxism as a guide, intensify creativity, rely on science and technology, promote international development, promote its creative transformation and innovative development in the era of cultural pluralism, at the level of the individual, nation and society.

The article describes the relevance of the formation of a knowledge-intensive production sector at the meso level. The essence of knowledge-intensive production is revealed by identifying its key functions and goals. The author's position boils down to the need to form a certain management system for such production in order to achieve a high level of innovative development of the regional economy.

The research analyzed the theoretical principles, tools, approaches and methods used in business, as well as the possibility of their modification for use in the context of territorial development. The similarity of the basic rules and trends confirm the unity between commercial and territorial marketing.

In the article an analysis of modern approaches to regulating innovative development of the economy are conducted. It has been established that different economic schools consider innovative development of the state under the influence of budgetary, tax and monetary factors. Traditional methods of state regulation of the economy have shown their limitations in the context of modern crises in the political, financial and social spheres. Mechanisms and instruments of state regulation of innovative development of the economy in the context of Russia's technological sovereignty and new political challenges are outlined.