TITLE:
New Development Patterns for Higher Levels of Openness in the Context of the Changing Economic Environment
AUTHORS:
Panyan Xue
KEYWORDS:
New Development Pattern, Domestic General Circulation, Opening up to the Outside World
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.15 No.7,
July
23,
2025
ABSTRACT: The article analyzes the changes in the internal and external environments that China’s economic development is facing in the short, medium and long term, provides a basis for the formulation of a new development pattern based on the domestic macrocycle, and proposes to adhere to a higher level of opening up to the outside world to promote the development of the “double cycle”, establish a high level of open economic system, and give full play to the advantage of the domestic market to provide institutional safeguards for opening up the blockages of the domestic macrocycle and enhancing the capacity for independent innovation.