TITLE:
The Theoretical Logic and Implementation Path of Constructing the New Development Pattern of “Double Circulation” from the Perspective of Political Economy
AUTHORS:
Wenlong Shi
KEYWORDS:
Political Economy, “Double Circulation” New Development Pattern, Theoretical Logic, Implementation Path
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.9 No.8,
August
3,
2021
ABSTRACT: This paper based on the theory of marxist political
economics “binary” thought, puts forward total contradiction movement
in the process of social production is a new development pattern of “binary”
theoretical basis, establishes a new
development pattern of “binary” rely on “factor market”, “product marketing”, and needs to make full use of the domestic market on the basis of expanding the
international market “market space”. At the
same time, it definitely points out that “efficient market” and “efficient
government” are the fundamental guarantee of the new development pattern of “double
circulation”. The constraint conditions of constructing the new development pattern of
“double circulation” are analyzed from four dimensions: economic system,
innovation ability of market subjects, regional location and industrial
structure. Finally, according to the realistic constraints of constructing the
new development pattern of “double circulation”, the paper puts forward the
concrete implementation path: in the top-level design of the economic system,
the market should play a decisive role in the allocation of resources, and the
government should play a greater role; in the aspect of cultivating the innovation
ability of market subjects, we should implement the innovation-driven strategy
and promote comprehensive innovation with scientific and technological
innovation as the core. In terms of regional and regional cooperation and
development, we will coordinate regional development internally and integrate
into the global economy in an all-round way externally. At the level of
industrial structure optimization and upgrading, efforts should be made to
optimize the supply-side structural reform and strive to achieve a benign
interaction between supply and demand.