China’s economy has shifted from a stage of high-speed growth to a stage of high-quality development. There is an urgent need to improve the quality and efficiency of development. In particular, it is necessary to rely on scientific and technological innovation to drive industrial innovation and form new economic growth points, china’s debut economy has emerged as the times require. Furthermore, based on the theoretical framework of the innovation ecosystem, we examine the emergence, primary characteristics, and core connotations of the debut economy. The debut economy is driven by innovation, wherein innovative enterprises introduce new technologies, products, and services that stimulate the development of the industrial chain, thereby guiding demand-side dynamics through supply-side initiatives and vice versa. The technological support on the supply side serves as the foundation for the high-quality development of the debut economy, with the innovative enterprises on the organizational side being central to this process. On the demand side, consumers’ aspirations for a better life create and guide market demand, thereby driving the development of the supply side. To promote the high-quality development of the debut economy, it is essential to establish a synergistic development path that organically unifies the supply side, demand side, and organizational side.