A webinar on the Chinese economy with Professor XU Qiyuan from the Chinese Academy of Social Sciences.
In May, China’s central leadership proclaimed the goal “To establish a new development pattern featuring domestic and international dual circulations that complement each other.” “Dual circulation” has been the subject of intense discussion in China ever since. Does the announcement signal a fundamental shift in China’s development strategy? Why was this new concept introduced, and what policy changes will it entail? What is China’s new role in the globalization of the future?