China will need a plethora of reforms if it is to make a new economic strategy that relies mainly on domestic consumption work, advisers to the ...
Construction workers rest in a street, following the coronavirus disease outbreak, in Shanghai, China July 16 2020. REUTERS/Aly Song/FilesBEIJING: China will need a plethora of reforms if it is to make a new economic strategy that relies mainly on domestic consumption work, advisers to the Chinese Cabinet said on Tuesday .
President Xi Jinping has proposed a"dual circulation" strategy for the next phase of economic development in which China will rely predominantly on"domestic circulation", to be supported by"international circulation".
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