Ever wondered how an economy can fuel its own growth from the inside out? 🤔 In 2025, the Chinese mainland's dual circulation strategy is taking center stage, linking homegrown supply and demand to spark innovation and steady expansion.
Back in 2024, domestic consumption accounted for a whopping 44.5% of economic growth. 🎉 That means nearly half of the gains came from residents buying more goods and services at home.
How It Works
- 🔄 Internal circulation: Factories roll out new products while local markets stay vibrant.
- 💡 Innovation boost: R&D investments help businesses meet changing tastes.
- 🤝 Demand meets supply: Better coordination means faster delivery and more choice.
By blending this cycle of production, innovation, and consumption, the strategy aims to make China's economy more resilient—especially in a world of shifting trade patterns. 📈
Looking Ahead
As industries continue to upgrade and consumers keep spending, this model could shape the Chinese mainland's growth path well into 2026 and beyond. 🌟
CGTN's Path to Prosperity series explores this strategy in depth for those who want more insights. 🎥
Reference(s):
cgtn.com
