Journal of Beijing University of Technology(Social Sciences Edition)
10 January 2021, Volume 21 Issue 1
A “Dual Circulation” Development Pattern: Profound Connotation, the Background and Suggestions
2021, 21 (
): 1-7. doi:
Xi Jinping, general secretary of the Central Committee of the Communist Party of China (CPC), urged to give full play to the advantage of a huge domestic market and domestic demand potential, so that a new development pattern will gradually be created whereby domestic and foreign markets can boost each other, with the domestic market as the mainstay. The profound connotation and the background of a "dual circulation" development pattern has been explained, conforming to a period of major change that's rarely seen in a century, and serving the strategic overall situation of the great rejuvenation of the Chinese nation. It is also the active strategic choice to win the new advantage of international competition. Through the structural reform of supply-side to smooth the domestic economic cycle further, accelerating the establishment of a "dual circulation" development pattern makes foreign industries more dependent on China's supply chain and industrial chain, and more dependent on China's huge consumer market, so that China will promote a higher level of opening up and realize dual circulation. A "dual circulation" development pattern will be established starting with forming a complete domestic demand system: I. Accelerating the construction of a unified, open and orderly modern market system; II. Accelerating the construction of a modern industrial system led by innovation and coordinated development; III. Accelerating the establishment and improvement of an income distribution system that reflects efficiency and promotes fairness; IV. Accelerating the transformation and upgrading of consumption and reshaping the new consumption system in the new-style urbanization.
The Organizational Order of Market Economy and Its Post Epidemic Situation
2021, 21 (
): 8-14. doi:
As a social activity, economic activity is essentially an organizational activity. Economics should observe and depict the world as the subjects of organizations, their purposes, orders and governance instead of the purposes and means of human individual behaviors. Collective rationality is more and more infiltrated into the logic system of economics, and it evolves towards the direction of security concern. The security concern can almost surpass the one of efficiency and fairness in economic. After the epidemic, the world will have serious shortage of public goods. When security becomes more important, the world becomes more risky due to its increasing uncertainty. Collective rationality can only be realized through the international consultation in the form of state cooperation, especially that of great powers. First of all, each country should improve its own economic system and mechanism with its own features, and govern itself well. At the same time, all the countries should negotiate and arrange the organizational orders and rules for the world economy, so that countries (different economic bodies) with different characteristics can communicate peacefully, coexist in common prosperity and cooperative responses to new global issues. More inclusive and balanced organizational mechanism of co-governance is in the interest of most countries.