NPC deputies from Jiangsu province have offered opinions on the establishment of a "dual circulation" development pattern, in which domestic and foreign markets complement and reinforce each another, with the domestic market as the mainstay.
Taking the domestic market as the mainstay is absolutely not an operation behind closed doors, according to the government work report delivered at the annual legislative session. China will release the potential of its domestic demand, better connect the domestic and international markets, and make better use of the two resources, to realize robust sustainable development.
Li Wei, NPC deputy
To accelerate the forming
of a new development pattern
centered on 'internal circulation'
is to expand domestic demand
as soon as possible
in an attempt to maintain the sound momentum
of economic development
and supply better products to the customers
The NPC deputies believe that the super large market is an important advantage and support of China to participate in the reshaping of the global competition pattern. Only by transforming the huge market potential into actual demand and accelerating the building of a modern economic system can China enhance the appeal and influence of its domestic market.
Zhu Jing, NPC deputy
The government work report
has made a clear statement
that China will implement
wider, broader, and deeper opening up
to the outside world
which has injected strong confidence
in the development of foreign trade
and foreign enterprises
Jiangsu needs to continuously optimize its structure
and gather high-end global elements
in the process of attracting foreign capital resources
grasp the core links
of the supply chain of the industrial chain
and at the same time give active play
to cross-border e-commerce
so that these new industries
new models and new business formats
will support enterprises
in exploring diversified emerging markets
and make Jiangsu’s contribution
in the process of building a new development pattern