Dual circulation

Domestic-international dual circulation (simplified Chinese: 国内国际双循环; traditional Chinese: 國內國際雙循環; pinyin: guónèi guójì shuāng xúnhuán) is a strategy to reorient China's economy by prioritizing domestic consumption ("internal circulation") while remaining open to international trade and investment ("external circulation"). The first academic study on dual circulation defined it as "the domestic consumption-driven economic rebalancing to achieve sustainable economic development".

Dual circulation

Domestic-international dual circulation (simplified Chinese: 国内国际双循环; traditional Chinese: 國內國際雙循環; pinyin: guónèi guójì shuāng xúnhuán) is a strategy to reorient China's economy by prioritizing domestic consumption ("internal circulation") while remaining open to international trade and investment ("external circulation"). The first academic study on dual circulation defined it as "the domestic consumption-driven economic rebalancing to achieve sustainable economic development".