Look at Xi Jinping's important speeches and understand the big cycle and the double cycle.

[Learning in Progress] Focusing on the changes in my country's development stage, environment, and conditions, General Secretary Xi Jinping proposed to promote the formation of a new development pattern with the domestic cycle as the main body and the domestic and international double cycles promoting each other. In a series of recent important speeches, Xi Jinping made profound explanations from different angles. Xinhua News Agency "Learning in Progress" original brand column "Workshop" today launched an article for your interpretation.

Promoting the formation of a new development pattern with the domestic cycle as the main body and the domestic and international double cycles promoting each other is an issue that General Secretary Xi Jinping has repeatedly emphasized this year, and the international community and domestic parties have paid high attention.

What is the meaning of the "big cycle" and "double cycle"? What is the deep meaning of such a strategic choice made by the Party Central Committee? In a series of recent important speeches, General Secretary Xi Jinping made profound explanations from different angles.

This is a strategic decision made according to the changes of China's development stage, environment and conditions.

On May 23, Xi Jinping visited members of the economic circles who participated in the third session of the 13th CPPCC National Committee and participated in the joint meeting. He deeply analyzed the domestic and international situation and pointed out that facing the future, we should take meeting domestic demand as the starting point and foothold of development, and gradually form a new development pattern with domestic circulation as the main body and domestic and international double circulation promoting each other.

On July 21, at the entrepreneur forum, Xi Jinping further explained the main considerations for building this new development pattern, and emphasized the internal logical relationship between the "big cycle" and the "double cycle.

When he presided over a forum on promoting the integrated development of the Yangtze River Delta in Anhui on August 20 and listened to the work report of the Anhui provincial party committee and provincial government on the 21st, he put forward highly targeted and specific requirements for speeding up the formation of a new development pattern.

On August 24, at a symposium of experts in the economic and social fields, Xi Jinping systematically elaborated on the construction of a new development pattern and a series of related major issues from the perspective of planning economic and social development during the "14th Five-Year Plan" period.

On September 1, Xi Jinping presided over the fifteenth meeting of the Central Committee for Comprehensively Deepening Reform, and put forward requirements from the perspective of reform, emphasizing that it will provide a strong impetus for building a new development pattern.

In addition, the new development pattern is also extremely important at important meetings such as the meeting of the Standing Committee of the Political Bureau of the Central Committee, the meeting of the Political Bureau of the Central Committee, and the forum of non party personages recently presided over by Xi Jinping.

In this series of important speeches, Xi Jinping profoundly analyzed the background, advantages, shortcomings, and key points of building a new development pattern, put forward requirements from the aspects of innovation, opening up, and reform, and also emphasized some issues that need special attention and grasp. Strong ideological, strategic and guiding.

Promoting the formation of a new development pattern with the domestic cycle as the main body and the domestic and international double cycles promoting each other is the strategic decision made by the Party Central Committee with Comrade Xi Jinping as the core in accordance with the changes in China's development stage, environment and conditions, which is a systemic and deep-seated change that has a bearing on the overall situation. We must understand the "big cycle" and "double cycle". Xi Jinping's important speeches must be deeply understood and integrated.

We must concentrate on our own affairs.

The economy and society is a dynamic circular system, with all links linked together. If the whole circulation system is smooth, economic development will be beneficial. On the contrary, which link block, upstream and downstream are affected.

For some time, especially after the outbreak of the new coronary pneumonia, the world's unprecedented changes in a century accelerated change, China's development against the wind and water of the external environment is increasing, instability uncertainty is greater. Xi Jinping listed a series of unfavorable situations at the CPPCC joint group meeting, such as the deep recession of the world economy, the sharp contraction of international trade and investment, the turbulence of the international financial market, the restriction of international exchanges, the countercurrent of economic globalization, the prevalence of protectionism and unilateralism in some countries, and the rise of geopolitical risks.

On the other hand, China has entered a stage of high-quality development, with many advantages and conditions becoming more prominent, and the potential for domestic demand is huge. Xi Jinping pointed out that the basic characteristics of China's economic potential, strong resilience, large room for maneuver and many policy tools have not changed. my country has the world's most complete and largest industrial system, strong production capacity, and complete supporting capabilities. It has more than 0.1 billion market players and more than 0.17 billion talents with higher education or various professional skills, as well as more than 0.4 billion middle-income groups. The ultra-large-scale domestic demand market formed by the 1.4 billion population inside is in the rapid development stage of new industrialization, informatization, urbanization, and agricultural modernization, and the investment demand has huge potential.

The kinetic energy of the international cycle has obviously weakened, and the vitality of the domestic cycle has become increasingly strong. This trend of ebb and flow is an important basis for our decision-making. We must give full play to the advantages of the domestic super-large-scale market, add impetus to my country's economic development by prospering the domestic economy and smoothing the domestic cycle, and drive the recovery of the world economy. At the forum of experts in the economic and social fields, Xi Jinping stressed that promoting the formation of a new development pattern with the domestic cycle as the main body and the domestic and international double cycles promoting each other is based on the changes in China's development stage, environment and conditions, and is a strategic choice to reshape China's new advantages in international cooperation and competition.

In the period of turbulence and change in the world, we must concentrate our efforts on doing our own affairs well. Only by looking at the new opportunities and challenges in the new development stage with dialectical thinking, striving to cultivate new opportunities in the crisis and open new situations in the changing situation, as Xi Jinping requires, we must accurately recognize changes, respond scientifically, take the initiative to seek changes, be brave to open the wind boat, and be good at turning crises into opportunities, in order to promote our economy.

Adhere to the strategic direction of supply-side structural reform.

The formation of a large domestic cycle as the main body means that meeting domestic demand should be the starting point and foothold of development, and production, distribution, circulation and consumption should rely more on the domestic market. To smooth this cycle, we must build a complete domestic demand system, especially the supply system and domestic demand should be more adaptive.

These requirements are in line with the deepening of supply-side structural reform and the implementation of the new development concept. In fact, it is precisely because in recent years we have continuously deepened supply-side structural reforms and unswervingly implemented the new development concept that we have cultivated favorable conditions based on the domestic market.

At the forum of experts in the economic and social fields, Xi Jinping stressed that since the international financial crisis in 2008, China's economy has been changing to a domestic cycle as the main body. The ratio of current account surplus to GDP has dropped from 9.9 per cent in 2007 to less than 1 per cent now, and the contribution rate of domestic demand to economic growth has exceeded 100 per cent in seven years.

Facing the future, Xi Jinping stressed the need to adhere to the strategic direction of supply-side structural reform. Reform is the key to liberating and developing social productive forces and the fundamental driving force for national development. At the forum of experts in the economic and social fields and the 15th meeting of the Central Deep Reform Commission, Xi Jinping put forward requirements from the perspective of reform, and it was a reform with greater intensity, deeper level and wider scope.

At the same time, Xi Jinping focused on the issue of innovation. He pointed out that to achieve high-quality development, we must achieve connotative growth driven by innovation.

For an economy of our size, it is difficult to smooth the big cycle if the power problem is not solved well. The core of enhancing the driving force for development lies in innovation. If we grasp innovation, we will grasp the "bull nose" that affects the overall economic and social development ".

Every time he talks about building a new development pattern, Xi Jinping almost always mentions innovation.

At the CPPCC joint group meeting, he emphasized that it is necessary to vigorously promote technological innovation and other innovations, accelerate the promotion of strategic emerging industries such as digital economy, intelligent manufacturing, life and health, and new materials, and form more new growth points and growth poles.

At the entrepreneur forum, he stressed that it is necessary to improve the modernization level of the industrial chain supply chain, vigorously promote scientific and technological innovation, speed up the tackling of key core technologies, and create new advantages for future development.

At the forum of experts in the economic and social fields, he stressed that it is necessary to rely on China's ultra-large-scale market and complete industrial system to create unique advantages conducive to the rapid and large-scale application and iterative upgrading of new technologies, accelerate the transformation of scientific and technological achievements into real productive forces, enhance the level of the industrial chain, and maintain the safety of the industrial chain.

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We must vigorously enhance our independent innovation capabilities and break through key core technologies as soon as possible. Xi Jinping pointed out that this is a major issue related to the overall development of our country, and it is also the key to the formation of a domestic cycle as the main body.

Make better use of both international and domestic markets and resources

The new development pattern emphasizes "taking the domestic cycle as the main body", but "the domestic and international double cycles promote each other" is also very important.

On different occasions, Xi Jinping has repeatedly emphasized that to clarify this important concept, with the domestic cycle as the main body, it is by no means a closed operation.

Xi Jinping has repeatedly stressed that China's door to opening up will not be closed, but will only open wider and wider. To promote the formation of a new development pattern with the domestic cycle as the main body and the domestic and international double cycle promoting each other, the purpose is to make the domestic market and the international market better connected by giving full play to the potential of domestic demand, and make better use of the two markets and resources at home and abroad. to achieve more robust and sustainable development.

Judging from the general trend of the world, economic globalization is still a historical trend, and the division of labor and cooperation among countries and mutual benefit and win-win results are a long-term trend. International economic connectivity and exchanges are still the objective requirements of world economic development. China is committed to promoting the building of an open world economy and a community of human destiny. We must persist in deepening reform, expanding opening up, and strengthening open cooperation in the field of science and technology. Xi Jinping has repeatedly emphasized that "we must stand on the right side of history".

From the perspective of China's development, an important driving force for China's sustained and rapid economic development is opening up to the outside world. Opening to the outside world is a basic national policy. Xi Jinping discussed six important issues at the forum of experts in the economic and social fields, one of which is "to create new advantages in international cooperation and competition with a high level of opening up to the outside world". He stressed that we should comprehensively improve the level of opening up to the outside world, build a new system of open economy at a higher level, and form new advantages in international cooperation and competition. We should actively participate in the reform of the global economic governance system and promote the improvement of a more equitable and reasonable international economic governance system.

Xi Jinping also pointed out that in promoting opening up to the outside world, we should pay attention to two points: first, all countries, regions, and enterprises that are willing to cooperate with us, including states, localities, and enterprises in the United States, we should actively carry out cooperation to form an omni-directional, multi-level, and diversified pattern of open cooperation. Second, the more open we are, the more we should pay attention to safety, the more we should coordinate development and safety, and strive to enhance our own competitiveness, open supervision ability, and risk prevention and control ability, so as to make the diamond indestructible.