What is the international and domestic double cycle?

International and domestic double circulation refers to expanding domestic demand, attaching importance to China's domestic market, improving its own innovation ability, avoiding excessive dependence on markets outside China, and keeping open to the outside world. Taking domestic circulation as the main body is a clear understanding of the current development trend. In the process of development, we should make full use of the advantages of domestic and international markets and resources, focus on domestic circulation, and promote domestic and international dual circulation to promote high-quality development in China.

The key to accelerating the formation of a new development pattern with domestic large circulation as the main body and dual circulation at home and abroad promoting each other is to transform China's market size and production system advantages into new advantages in participating in international cooperation and competition. This requires giving full play to the advantages of super-large-scale market, speeding up the reform of income distribution system, tapping the potential of domestic market demand and speeding up the construction of a complete domestic demand system.

The new development pattern is by no means a closed domestic cycle, but an open domestic and international dual cycle. International economic interconnection is still the objective requirement of world economic development. At present, the world is highly sophisticated and complicated, fragmentation is impossible, and our determination to open up has never wavered.