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China to Pursue Xi’s Dual Circulation Model in 2021-2025: People’s Daily

CHINA PRESS

China will focus on high quality development and follow the economic development pattern of Chairman Xi Jinping's dual circulation strategy during the 2021-25 Five Year Plan, the People's Daily said citing a meeting of the Standing Committee of the CPC Politburo. Chairman Xi Jinping told the meeting that China would strive for the alleviation of poverty, the mitigation of major risks, and progress in pollution control. Under the dual circulation strategy, the domestic market is the mainstay while the internal and external markets promote each other.

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