An article on the front page of Economic Daily pointed out that there is no contradiction between expanding domestic demand and expanding opening-up; the two are not an alternative relationship where each other lasts, but rather an organic unity of mutual promotion and mutual achievement. Together, they form a two-wheel drive for sustainable and healthy economic development. In fact, the smoother the domestic cycle, the more it can form a gravitational field on global resource elements, the more conducive it is to construct a new development pattern with domestic circulation as the main body and domestic and international dual cycles mutually promote each other, and accelerate the formation of new advantages in international competition and cooperation. Judging from the development process, the period of rapid growth of the Chinese economy is often also a period where domestic demand and openness go hand in hand. Facing the anti-globalization wave and the reshaping of the global supply chain, collaboratively promoting the expansion of domestic demand and opening up is not only historical experience but also a real need, but also respect and grasp of the rules of economic operation — expanding domestic demand does not mean “turning inward,” nor can it simply be equated with a “concessionary market.” There is a positive feedback mechanism between domestic demand and opening up, that is, the more open market competition can spawn high-quality domestic demand supply, and the huge scale of domestic demand will also provide more negotiation chips and cooperation opportunities for expanding opening-up. Correctly handling the relationship between expanding domestic demand and expanding openness is to form a higher level of dynamic balance where demand drives supply and supply creates demand. Achieving this is not easy. The lessons of history always remind us: when expanding domestic demand, we should adhere to the direction of market-based reform, break industry monopolies and local protections, and make domestic demand growth truly based on efficiency improvement and innovation; when expanding opening-up, we must coordinate development and safety. In a perfect risk prevention and control system, the Chinese economy can only be stable and far-reaching.

An article on the front page of Economic Daily pointed out that there is no contradiction between expanding domestic demand and expanding opening-up; the two are not an alternative relationship where each other lasts, but rather an organic unity of mutual promotion and mutual achievement. Together, they form a two-wheel drive for sustainable and healthy economic development. In fact, the smoother the domestic cycle, the more it can form a gravitational field on global resource elements, the more conducive it is to construct a new development pattern with domestic circulation as the main body and domestic and international dual cycles mutually promote each other, and accelerate the formation of new advantages in international competition and cooperation. Judging from the development process, the period of rapid growth of the Chinese economy is often also a period where domestic demand and openness go hand in hand. Facing the anti-globalization wave and the reshaping of the global supply chain, collaboratively promoting the expansion of domestic demand and opening up is not only historical experience but also a real need, but also respect and grasp of the rules of economic operation — expanding domestic demand does not mean “turning inward,” nor can it simply be equated with a “concessionary market.” There is a positive feedback mechanism between domestic demand and opening up, that is, the more open market competition can spawn high-quality domestic demand supply, and the huge scale of domestic demand will also provide more negotiation chips and cooperation opportunities for expanding opening-up. Correctly handling the relationship between expanding domestic demand and expanding openness is to form a higher level of dynamic balance where demand drives supply and supply creates demand. Achieving this is not easy. The lessons of history always remind us: when expanding domestic demand, we should adhere to the direction of market-based reform, break industry monopolies and local protections, and make domestic demand growth truly based on efficiency improvement and innovation; when expanding opening-up, we must coordinate development and safety. In a perfect risk prevention and control system, the Chinese economy can only be stable and far-reaching.