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Dual circulation
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Domestic-international dual circulation is a Chinese government strategy to reorient the country's economy to a "new development pattern" by prioritizing domestic consumption, making the economy more self-reliant in key sectors, reducing dependence on foreign markets, while also remaining open to international trade and investment. Dual circulation involves making the domestic market less dependent on external fluctuations and shocks while also making the country's economy more indispensable to the outside world.
